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

The German trade surplus fell to EUR 18.4 billion in February of 2018 from EUR 19.8 billion in the same month a year earlier. Exports rose 2.4 percent to EUR 104.7 billion, while imports increased at a faster 4.7 percent to EUR 86.3 billion. On a seasonally adjusted basis, the trade surplus fell to EUR 19.2 billion in February from EUR 21.3 billion in the previous month and below market expectations of EUR 21.4 billion. Exports fell 3.2 percent, the steepest decline since August 2015, on the back of the recent strengthening of the euro and imports dropped 1.3 percent. Balance of Trade in Germany averaged 5043.52 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
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German Trade Surplus Narrows in February


The German trade surplus fell to EUR 18.4 billion in February of 2018 from EUR 19.8 billion in the same month a year earlier, as exports rose less than imports.

In February, exports rose 2.4 percent year-on-year to EUR 104.7 billion. Sales to the EU grew by 3.5 percent to EUR 63.2 billion, of which Euro area countries (5.3 percent to EUR 40.1 billion) and other European countries (0.4 percent to EUR 23.1 billion). Also, sales to countries outside the EU grew by 0.9 percent to EUR 41.5 billion.

Imports increased at a faster 4.7 percent to EUR 86.3 billion. Purchases from the EU rose 4.4 percent to EUR 49.9 billion, of which Euro area countries (5 percent to EUR 32.5 billion) and other European countries (3.4 percent to EUR 17.3 billion). Also, purchases from countries outside the EU increased by 5 percent to EUR 36.4 billion. 

On a seasonally adjusted basis, the trade surplus fell to EUR 19.2 billion from EUR 21.3 billion in the previous month and below market expectations of EUR 21.4 billion. Exports fell 3.2 percent, the steepest decline since August 2015, on the back of the recent strengthening of the euro and below market forecasts of 0.2 percent gain. Meanwhile, imports dropped 1.3 percent, also missing market consensus of a 0.3 percent rise.

In January to February, the non-adjusted trade surplus widened slightly to EUR 35.7 billion from EUR 34.4 billion in the same period of 2017.


Destatis l Rida Husna | rida@tradingeconomics.com
4/9/2018 10:46:22 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-02-08 07:00 AM Balance of Trade €18.2B €23.7B €19.5B
2018-03-09 07:00 AM Balance of Trade €17.4B €18.1B €17.2B
2018-04-09 06:00 AM Balance of Trade €18.4B €17.3B €19.5B
2018-05-08 06:00 AM Balance of Trade €18.4B €24.5B
2018-06-08 06:00 AM Balance of Trade €16.9B
2018-07-09 06:00 AM Balance of Trade €21.2B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 18400.00 17300.00 25455.63 -535.91 EUR Million [+]
Exports 104700.00 107100.00 118173.58 226.39 EUR Million [+]
Imports 86300.00 89800.00 93035.90 346.78 EUR Million [+]
Current Account 20700.00 20300.00 32718.00 -13042.00 EUR Million [+]
External Debt 4583404.00 4628099.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.00 8.50 8.90 -1.70 percent [+]
Capital Flows 18344.58 6069.51 46686.40 -28680.00 EUR Million [+]
Foreign Direct Investment 9115.00 3591.00 141351.00 -32189.00 EUR Million [+]
Gold Reserves 3373.60 3373.64 3468.60 3373.60 Tonnes [+]
Terms Of Trade 104.11 103.50 110.07 76.60 Index Points [+]
Terrorism Index 4.92 4.31 4.92 1.77 [+]
Tourist Arrivals 35555.00 34971.00 35555.00 14347.00 Thousand [+]
Weapons Sales 1653.00 2535.00 3310.00 12.00 USD Million [+]
Crude Oil Production 43.00 38.00 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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
18400.00 17300.00 25455.63 -535.91 1950 - 2018 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia 825.00 Feb/18
Brazil 6280.75 Mar/18
Canada -2686.00 Feb/18
China -49.83 Mar/18
Euro Area 18897.50 Feb/18
France -5186.00 Feb/18
Germany 18400.00 Feb/18
India -13690.00 Mar/18
Indonesia 1091.70 Mar/18
Italy 3104.28 Feb/18
Japan 797.35 Mar/18
Mexico 1062.00 Feb/18
Netherlands 4514.00 Feb/18
Russia 12192.00 Feb/18
South Korea 6865.00 Mar/18
Spain -2167000.00 Feb/18
Switzerland 3215.34 Feb/18
Turkey -5760.71 Feb/18
United Kingdom -965.00 Feb/18
United States -57591.00 Feb/18


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