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

German trade surplus increased slightly to EUR 19.5 billion in July 2017 from EUR 19.1 billion in the same month a year earlier, as exports rose by 8.0 percent year-on-year to EUR 103.7 billion while imports went up by 9.4 percent to EUR 84.2 billion. Considering January to July 2017, the trade surplus was registered at EUR 122.04 billion, down from EUR 148.38 billion in the same period of 2016. On a seasonally adjusted basis, the trade surplus also came in at EUR 19.5 billion, down from EUR 21.2 billion in June. Exports edged up 0.2 percent, following a downwardly revised 2.7 percent drop in a month earlier and imports were up 2.2 percent, compared to a downwardly revised 4.4 percent decline in June. Balance of Trade in Germany averaged 4920.17 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 July


German trade surplus increased slightly to EUR 19.5 billion in July 2017 from EUR 19.1 billion in the same month a year earlier, as exports rose by 8.0 percent year-on-year to EUR 103.7 billion while imports went up 9.4 percent to EUR 84.2 billion.

In July, sales to the EU grew by 6.7 percent to EUR 59.9 billion, of which the Euro area countries (6.9 percent to EUR 37.9 billion) and other European countries (6.4 percent to EUR 21.9 billion). In addition, sales to countries outside the Euro area went up 9.7 percent to EUR 43.8 billion.

Imports from the EU rose 8.4 percent to EUR 55.6 billion, of which the Euro area countries (7.5 percent to EUR 37.9 billion) and other European countries (10.4 percent to EUR 17.6 billion). Meantime, inbound shipments from countries outside the Euro area jumped by 11.5 percent to EUR 28.6 billion.

Considering January to July 2017, the trade surplus was registered at EUR 122.04 billion, down from EUR 148.38 billion in the same period of 2016.

On a seasonally adjusted basis, the trade surplus also came in at EUR 19.5 billion, down from EUR 21.2 billion in June. Exports edged up 0.2 percent, following a downwardly revised 2.7 percent drop in a month earlier and imports were up 2.2 percent, compared to a downwardly revised 4.4 percent decline in June.

Destatis l Rida Husna | rida@tradingeconomics.com
9/8/2017 7:39:40 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-07-10 06:00 AM Balance of Trade €22.0B €18.1B €17.2B
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 €19.5B
2017-11-09 07:00 AM Balance of Trade
2017-12-08 07:00 AM Balance of Trade


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 19500.00 22324.00 25751.07 -535.91 EUR Million [+]
Exports 103700.00 107247.00 118335.00 226.39 EUR Million [+]
Imports 84200.00 84923.00 93036.00 346.78 EUR Million [+]
Current Account 19400.00 25000.00 31130.18 -13042.72 EUR Million [+]
External Debt 4770189.00 4640049.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.30 8.60 8.60 -1.70 percent [+]
Capital Flows 17951.90 39102.68 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 44.00 44.00 79.00 43.00 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 Notes

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
19500.00 22324.00 25751.07 -535.91 1950 - 2017 EUR Million Monthly
Current Prices, NSA



balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 418.77 Jul/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17