Indicators for German Exports

The indicator for business expectations summarizes survey-based data on business expectations from 42 German export markets, weighted by the respective countries’ shares in German exports¹. The indicator is calculated on a monthly basis. It captures expectations about future developments of foreign demand for German exports and is thus used as an early indicator when nowcasting and forecasting German exports.

The indicator summarizes industrial production in 47 German export markets, weighted by the respective countries’ shares in German exports. The indicator is calculated on a monthly basis and then aggregated to the quarterly frequency.

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¹The countries are Australia, Austria, Belgium, Brazil, Bulgaria, Canada, China, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Indonesia, Ireland, Island, Italy, Japan, Korea, Latvia, Lithuania, Malaysia, Mexico, Netherlands, Norway, Poland, Portugal, Rumania, Russia, Singapore, Slovakia, Slovenia, South Africa, Sweden, Switzerland, Taiwan, Thailand, Turkey, Uruguay.

Last update: December 2021