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

German trade surplus increased slightly to EUR 20.0 billion in August 2017 from EUR 19.6 billion in the same month a year earlier, as exports rose by 7.2 percent year-on-year to EUR 103.1 billion while imports went up by 8.5 percent to EUR 83.0 billion. Considering January to August 2017, the trade surplus was registered at EUR 160.7 billion, down from EUR 167.0 billion in the same period of 2016. On a seasonally adjusted basis, the trade surplus went up to EUR 21.6 billion, following a marginally revised EUR 19.3 billion in July and above estimates of a surplus of EUR 20.0 billion. Exports grew by 3.1 percent, following a 0.2 percent rise in a month earlier and imports were up 1.2 percent, compared to an upwardly revised 2.4 percent growth in July. Balance of Trade in Germany averaged 4938.49 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 Slightly in August


German trade surplus increased slightly to EUR 20.0 billion in August 2017 from EUR 19.6 billion in the same month a year earlier, as exports rose by 7.2 percent year-on-year to EUR 103.1 billion and imports went up by 8.5 percent to EUR 83.0 billion.

In August, sales to the EU grew by 8.5 percent to EUR 58.6 billion, of which the Euro area countries (10.6 percent to EUR 36.0 billion) and other European countries (5.4 percent to EUR 22.7 billion). Also, sales to countries outside the EU went up 5.6 percent to EUR 44.4 billion.

Imports from the EU rose 10.8 percent to EUR 53.8 billion, of which the Euro area countries (10.4 percent to EUR 35.9 billion) and other European countries (11.4 percent to EUR 17.9 billion). In addition, inbound shipments from countries outside the EU increased by 4.5 percent to EUR 29.2 billion.

Considering January to August 2017, the trade surplus narrowed to EUR 160.7 billion from EUR 167.0 billion in the same period of 2016.

On a seasonally adjusted basis, the trade surplus went up to EUR 21.6 billion from a marginally revised EUR 19.3  billion in July. Exports grew by 3.1 percent, following a 0.2 percent rise in a month earlier and imports were up 1.2 percent, compared to an upwardly revised 2.4 percent growth in July.


Destatis l Rida Husna | rida@tradingeconomics.com
10/10/2017 10:44:27 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-08-08 06:00 AM Balance of Trade €22.3B €22.0B €25.1B
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 €20.0B
2017-12-08 07:00 AM Balance of Trade


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 20000.00 19300.00 25751.07 -535.91 EUR Million [+]
Exports 103100.00 103700.00 118335.00 226.39 EUR Million [+]
Imports 83000.00 84200.00 93036.00 346.78 EUR Million [+]
Current Account 17800.00 19600.00 31130.18 -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 11258.45 17951.90 48098.56 -28680.00 EUR Million [+]
Foreign Direct Investment 2938.46 8530.53 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3374.14 3377.94 3468.60 3374.14 Tonnes [+]
Crude Oil Production 43.00 42.00 79.00 42.00 BBL/D/1K [+]
Terrorism Index 4.31 3.44 4.31 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 [+]

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
20000.00 19300.00 25751.07 -535.91 1950 - 2017 EUR Million Monthly
Current Prices, NSA




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 113.64 Aug/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17