Tags: EU | Germany | Economy

German Exports Decline for 2nd Month, Trade Surplus Narrows

Friday, 08 December 2017 05:38 AM EST

BERLIN (AP) — German exports dropped in October for the second straight month while imports grew, narrowing the trade surplus of Europe's largest economy.

The Federal Statistical Agency said Friday October exports dropped 0.4 percent over September, following a 0.4 percent decline in September over August, according to figures adjusted for calendar and seasonal variations.

Meantime, exports rose 1.8 percent in October, narrowing the adjusted trade surplus to 19.8 billion euros from September's 21.9 billion euros.

In unadjusted figures, exports rose 6.8 percent over October 2016 to 108 billion euros, while imports rose 8.3 percent to 89.1 billion euros.

Exports were up 8.7 percent to EU member states and 4.1 percent to non-EU countries compared to October 2016. Imports from the EU were up 10.1 percent and up 11.9 percent from non-EU nations.

© Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Europe
German exports dropped in October for the second straight month while imports grew, narrowing the trade surplus of Europe's largest economy.The Federal Statistical Agency said Friday October exports dropped 0.4 percent over September, following a 0.4 percent decline in...
EU,Germany,Economy
132
2017-38-08
Friday, 08 December 2017 05:38 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved