Tags: EU | Germany | Economy

German Trade Surplus Narrows as Imports Outpace Exports

German Trade Surplus Narrows as Imports Outpace Exports

Monday, 10 December 2018 06:38 AM EST

BERLIN (AP) — Import growth outpaced that of exports in October in Germany, narrowing the trade surplus of Europe's largest economy.

The Federal Statistical Office said Monday that October exports were up 0.7 percent and imports up 1.3 percent compared with September, in calendar and seasonally adjusted terms.

That lowered the trade surplus to 17.3 billion euros ($19.74 billion) in October, from 17.7 billion euros in September.

Compared to October 2017, exports to European Union nations rose 8.1 percent, and those to other countries were up 9.2 percent, in unadjusted figures.

Imports from inside the EU rose 7.5 percent in October 2018 compared to the same month in 2017, while imports from countries outside the bloc were up 8.3 percent.

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 This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
Import growth outpaced that of exports in October in Germany, narrowing the trade surplus of Europe's largest economy.The Federal Statistical Office said Monday that October exports were up 0.7 percent and imports up 1.3 percent compared with September, in calendar and...
EU,Germany,Economy
119
2018-38-10
Monday, 10 December 2018 06:38 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