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Image used for illustrative purpose. Chinese container ship "Cosco Shipping Aries" is unloaded at a loading terminal in the port of Hamburg Germany July 27, 2018.
German exports fell more than expected on the month in September, federal statistics office data showed on Friday, as weak global demand hurt the country's exports.
German exports fell 2.4% in September from the previous month. The result compared with a forecast 1.1% decline in a LSEG poll.
Exports to European Union countries fell 2.1% on the month and exports to countries outside the EU fell 2.8%, with sharp declines in exports to the U.S. and China.
Imports also unexpectedly fell by 1.7% on the month, the data showed. They had been forecast to increase by 0.5%.
The foreign trade balance showed a surplus of 16.5 billion euros ($17.54 billion) in September, versus an upwardly revised surplus of 17.7 billion euros the previous month. (Reporting by Maria Martinez, writing by Miranda Murray, editing by Kirsti Knolle and Jason Neely)
