Allemagne Exportations

Exports from Germany declined by 1.7% month-over-month to EUR 131.9 billion in September 2024, compared with market expectations of a 1.4% fall and after a marginally revised 1.2% growth in the previous month. It was the first drop in outbound shipments since June, with sales to the EU down by 1.8%, notably to the Euro area (-2.4%) and non-Euro area (-0.3%). Additionally, exports to third countries slipped by 1.6%, dragged by lower sales to the US (-0.3%) and the UK (-0.6%) but grew to China (5.6%) and Russia (20.1%). For the first nine months of the year, exports fell 1.0% from the same period in 2023 to EUR 1,175.5 billion.