Germany Balance of Trade  1950-2017 | Data | Chart | Calendar | Forecast

German trade surplus increased slightly to EUR 24.1 billion in September 2017 from EUR 23.7 billion in the same month a year earlier, as exports rose by 4.6 percent year-on-year to EUR 110.4 billion while imports went up by 5.5 percent to EUR 86.3 billion. Considering January to September 2017, the trade surplus was registered at EUR 184.8 billion, down from EUR 89.8 billion in the same period of 2016. On a seasonally adjusted basis, the trade surplus went up to EUR 21.8 billion, following a marginally revised EUR 21.3 billion in August and slightly above estimates of a surplus of EUR 21.1 billion. Exports declined by 0.4 percent, following a downwardly revised 2.0 percent rise in a month earlier. Imports were unexpectedly down by 1.0 percent, compared to a downwardly revised 0.8 percent growth in August. Balance of Trade in Germany averaged 4961.78 EUR Million from 1950 until 2017, reaching an all time high of 25751.07 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991.

Germany Balance of Trade
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German Trade Surplus Widens in September


German trade surplus widened to EUR 24.1 billion in September 2017 from EUR 23.7 billion in the same month a year earlier, as exports rose by 4.6 percent year-on-year to EUR 110.4 billion and imports increased by 5.5 percent to EUR 86.3 billion.

In September, exports to the EU grew by 3.3 percent to EUR 65.0 billion, of which Euro area countries (4.2 percent to EUR 40.8 billion) and other European countries (1.7 percent to EUR 24.2 billion). Also, sales to countries outside the EU went up by 6.5 percent to EUR 45.4 billion.

Imports from the EU rose 4.7 percent to EUR 57.6 billion, of which Euro area countries (3.7 percent to EUR 38.1 billion) and other European countries (6.8 percent to EUR 19.5 billion). In addition, inbound shipments from countries outside the EU increased by 7.1 percent to EUR 28.7 billion.

Considering January to September 2017, the trade surplus narrowed to EUR 184.8 billion from EUR 189.8 billion in the same period of 2016.

On a seasonally adjusted basis, the trade surplus increased to EUR 21.8 billion from a marginally revised EUR 21.3 billion in August, beating market expectations of EUR 21.1 billion. Exports declined by 0.4 percent, following a downwardly revised 2.0 percent rise in a month earlier. Imports fell unexpectedly by 1.0 percent, compared to a downwardly revised 0.8 percent growth in August.


Destatis l Rida Husna | rida@tradingeconomics.com
11/9/2017 8:59:18 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-09-08 06:00 AM Balance of Trade €19.5B €22.3B €21.1B
2017-10-10 06:00 AM Balance of Trade €20.0B €19.6B €20.1B
2017-11-09 07:00 AM Balance of Trade €24.1B €20.1B €21.5B
2017-12-08 07:00 AM Balance of Trade €24.1B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 24100.00 20100.00 25751.07 -535.91 EUR Million [+]
Exports 110400.00 103000.00 118335.00 226.39 EUR Million [+]
Imports 86300.00 82900.00 93036.00 346.78 EUR Million [+]
Current Account 25400.00 17847.51 30972.92 -13042.72 EUR Million [+]
External Debt 4676221.00 4770189.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.30 8.60 8.60 -1.70 percent [+]
Capital Flows 28644.11 11258.45 48098.56 -28680.00 EUR Million [+]
Foreign Direct Investment 6195.14 3752.99 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3374.14 3377.94 3468.60 3374.14 Tonnes [+]
Terrorism Index 4.92 4.31 4.92 1.77 [+]
Tourist Arrivals 35555.00 34971.00 35555.00 14347.00 Thousand [+]
Weapons Sales 2813.00 1792.00 3310.00 12.00 USD Million [+]
Crude Oil Production 43.00 42.00 79.00 42.00 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 2015 main trading partners were the US, France and the Netherlands; and the biggest trade surpluses were recorded with the US, the UK, France, Austria and UAE. Germany records trade deficits with China, the Netherlands, Norway, Russia and Vietnam. 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
24100.00 20100.00 25751.07 -535.91 1950 - 2017 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 285.36 Oct/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -2147708.00 Oct/17
Switzerland 2333.39 Oct/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17