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

The German trade surplus increased to EUR 23.7 billion in November 2017 from EUR 22.0 billion in the same month a year earlier, as exports rose by 8.2 percent to EUR 116.5 billion and imports grew by 8.3 percent to EUR 92.8 billion. Considering January to November, the trade surplus narrowed to EUR 226.8 billion from EUR 230.6 billion in the same period of 2016. On a seasonally adjusted basis, the trade surplus widened to EUR 22.3 billion from EUR 19.9 billion in October and above estimates of EUR 20.9 billion. Balance of Trade in Germany averaged 5001.74 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 November


The German trade surplus increased to EUR 23.7 billion in November 2017 from EUR 22.0 billion in the same month a year earlier, as exports rose by 8.2 percent to EUR 116.5 billion and imports grew by 8.3 percent to EUR 92.8 billion.

In November, exports to the EU grew by 8.0 percent to EUR 67.9 billion, of which Euro area countries (9.1 percent to EUR 43.0 billion) and other European countries (6.2 percent to EUR 24.9 billion). Also, sales to countries outside the EU went up by 8.4 percent to EUR 48.5 billion.

Imports from the EU rose 9.5 percent to EUR 62.1 billion, of which Euro area countries (9.5 percent to EUR 41.3 billion) and other European countries (9.6 percent to EUR 20.8 billion). In addition, inbound shipments from countries outside the EU increased by 5.9 percent to EUR 30.7 billion.

Considering January to November, the trade surplus narrowed to EUR 226.8 billion from EUR 230.6 billion in the same period of 2016.

On a seasonally adjusted basis, the trade surplus widened to EUR 22.3 billion from EUR 19.9 billion in October and above estimates of EUR 20.9 billion, as exports jumped 4.1 percent and imports increased at a softer 2.3 percent. 



Destatis l Rida Husna | rida@tradingeconomics.com
1/9/2018 9:46:38 AM



Calendar GMT Actual Previous Consensus TEForecast
2017-11-09 07:00 AM Balance of Trade €24.1B €20.1B €21.5B
2017-12-08 07:00 AM Balance of Trade €18.9B €24.1B €21.6B
2018-01-09 07:00 AM Balance of Trade €23.7B €18.9B €21.5B
2018-02-08 07:00 AM Balance of Trade €23.7B € 21.8B
2018-03-09 07:00 AM Balance of Trade € 21.8B
2018-04-09 06:00 AM Balance of Trade € 21.4B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 23700.00 18900.00 25751.07 -535.91 EUR Million [+]
Exports 116500.00 108000.00 118335.00 226.39 EUR Million [+]
Imports 92800.00 89100.00 93036.00 346.78 EUR Million [+]
Current Account 25400.00 18800.00 30972.92 -13042.72 EUR Million [+]
External Debt 4628099.00 4676221.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.30 8.60 8.60 -1.70 percent [+]
Capital Flows 27930.14 16140.92 48098.56 -28680.00 EUR Million [+]
Foreign Direct Investment 1607.54 10461.47 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3373.64 3373.74 3468.60 3373.64 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 45.00 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
23700.00 18900.00 25751.07 -535.91 1950 - 2017 EUR Million Monthly
Current Prices, NSA




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -1621000.00 Nov/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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