Manufacturing: ifo German export expectations for manufacturing 2022

In January 2022, the seasonally adjusted balance value for export expectations in the German manufacturing sector was 17.4 points. This indicates that German companies expect an increase in manufacturing exports. For context though, this increases comes after declines down to -0.2 points in November 2020 and -47.8 points in April 2020, suggesting the expected increase relates to the reopening of certain economic sectors following the coronavirus pandemic.

Monthly balance values of the ifo export expectations for the German manufacturing sector from January 2020 to January 2022 (seasonally adjusted)

Characteristic	Balance value
Jan '22	17.4
Dec '21	12.9
Nov '21	16.2
Oct '21	13.3
Sep '21	20.5
Aug '21	16.4
Jul '21	22.8
Jun '21	24
May '21	21.9
Apr '21	23.6
Mar '21	23.4
Feb '21	13.6
Jan '21	8.4
Dec '20	3.1
Nov '20	-0.2
Oct '20	6.1
Sep '20	7
Aug '20	5
Jul '20	7
Jun '20	-1.9
May '20	-25.4
Apr '20	-47.8
Mar '20	-17.4
Feb '20	-0.4
Jan' 20	1
Feb '14	15.8

Loading statistic...

Download

Source

Show detailed source information?

Already a member?

Sources

Use Ask Statista Research Service

Release date

January 2022

More information

Region

Germany

Survey time period

January 2020 to January 2022

Supplementary notes

The CESifo Group consists of the Center for Economic Studies (CES), the Ifo Institute for Economic Research and the CESifo GmbH (Munich Society for the Promotion of Economic Research).

The balance is derived from the ifo Business Survey, which is based on about 7,000 monthly reports from companies in manufacturing, construction, wholesale and retail. Companies are asked to evaluate their current business situation and describe their expectations for the coming six months. Companies can rate their current situation as "good", "satisfactory" or "poor" and their expectations for the next six months as "more favorable", "unchanged" or "less favorable". The balance value of the present business situation is the difference between the percentages of the ratings "good" and "poor", the balance value of the expectations is the difference between the percentages between ratings "more favorable" und "less favorable".

Citation formats