Germany Balance of Trade  1950-2018 | Data | Chart | Calendar | Forecast

The German trade surplus fell slightly to EUR 21.8 billion in June 2018 from EUR 22.1 billion in the same month a year earlier, as imports jumped 10.2 percent to an all-time high while exports rose at a softer 7.8 percent. Balance of Trade in Germany averaged 5123.05 EUR Million from 1950 until 2018, reaching an all time high of 25455.63 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991.

Germany Balance of Trade
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.




German Trade Surplus Narrows in June


The German trade surplus fell slightly to EUR 21.8 billion in June 2018 from EUR 22.1 billion in the same month a year earlier, as imports jumped 10.2 percent to an all-time high while exports rose at a softer 7.8 percent.

Imports increased by 10.2 percent from a year earlier to a record high of EUR 93.7 billion in June, as purchases from the EU went up 10.1 percent to EUR 53.8 billion, of which Euro area countries (10.1 percent to EUR 35.0 billion) and other European countries (10.1 percent to EUR 18.8 billion). In addition, inbound shipments from countries outside the EU jumped by 10.3 percent to EUR 40.0 billion.

Exports rose at a slower 7.8 percent to EUR 115.5 billion, as sales to the EU grew by 5.9 percent to EUR 67.7 billion, of which Euro area countries (7.6 percent to EUR 43.0 billion) and other European countries (3.0 percent to EUR 24.7 billion). Exports to countries outside the EU increased by 10.5 percent to EUR 47.9 billion. 

On a seasonally adjusted basis, the trade surplus decreased to EUR 19.3 billion in June from an upwardly revised EUR 20.4 billion in May and slightly below market expectations of EUR 20.3 billion. Exports were unchanged in June, following a 1.7 percent advance in May and beating forecasts of a 0.4 percent drop. Imports surged 1.2 percent, following a 0.7 percent growth in May and compared with market consensus of a 0.2 percent gain.

In the first half of the year, the trade surplus was EUR 121.5 billion, little-changed from EUR 121.3 billion in the same period of 2017.



Destatis | Rida | rida@tradingeconomics.com
8/7/2018 9:19:31 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-06-08 06:00 AM Balance of Trade €20.4B €24.7B €18.7B
2018-07-09 06:00 AM Balance of Trade €19.7B €20.1B €21.2B
2018-08-07 06:00 AM Balance of Trade €21.8B €19.6B € 24.5B
2018-09-07 06:00 AM Balance of Trade €21.8B €18.4B
2018-10-09 06:00 AM Balance of Trade €19.1B
2018-11-08 07:00 AM Balance of Trade € 21.8B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 21792.00 19649.50 25455.63 -535.91 EUR Million [+]
Exports 115537.00 109114.03 118173.58 226.39 EUR Million [+]
Imports 93745.00 89464.53 93745.00 346.78 EUR Million [+]
Current Account 26200.00 13300.00 32728.79 -13042.00 EUR Million [+]
External Debt 4648614.00 4583404.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.00 8.50 8.90 -1.70 percent [+]
Capital Flows -3448.05 30564.45 46686.40 -28680.00 EUR Million [+]
Foreign Direct Investment 3707.00 -5424.00 141351.00 -32189.00 EUR Million [+]
Gold Reserves 3371.00 3373.60 3468.60 3371.00 Tonnes [+]
Terms Of Trade 102.57 102.78 110.07 76.60 Index Points [+]
Terrorism Index 4.92 4.31 4.92 1.77 [+]
Tourist Arrivals 37452.00 35595.00 37452.00 14347.00 Thousand [+]
Weapons Sales 1653.00 2535.00 3310.00 12.00 USD Million [+]
Crude Oil Production 42.00 40.00 79.00 38.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Germany Balance of Trade

Germany runs regular trade surpluses since 1952, primarily due to strong exports of vehicles and other machinery. In 2017, the largest trade surpluses were recorded with the US, the UK, France, Austria, Spain, Sweden and the UAE; while the biggest trade deficits were recorded with China, Vietnam, Norway, Russia, the Netherlands, Ireland and Czech Republic. This page provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
21792.00 19649.50 25455.63 -535.91 1950 - 2018 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


Related

Latest