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

German trade surplus narrowed to EUR 22.3 billion in June 2017 from EUR 24.5 billion in the same month a year earlier. Exports increased by 0.7 percent year-on-year to EUR 107.2 billion while imports rose by 3.6 percent to EUR 84.9 billion. Considering the first half of the year, the trade surplus narrowed to EUR 122.5 billion from EUR 129.3 billion in the same period of 2016. On a seasonally adjusted basis, the trade surplus hit a ten-month high of EUR 21.2 billion from EUR 20.3 billion in May. Exports declined by 2.8 percent from the previous month, the sharpest fall since August 2015, and imports were down 4.5 percent, the biggest drop since January 2009. Balance of Trade in Germany averaged 4902.17 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 Narrows in June


German trade surplus narrowed to EUR 22.3 billion in June 2017 from EUR 24.5 billion in the same month a year earlier. Exports increased by 0.7 percent year-on-year to EUR 107.2 billion while imports rose by 3.6 percent to EUR 84.9 billion.

Exports rose 0.7 percent from the previous year to EUR 107.2 billion in June, as sales grew to the European Union (2.4 percent to EUR 63.9 billion), of which the Euro Area (2.7 percent to EUR 39.8 billion) and other European countries (1.8 percent to EUR 24.1 billion). In contrast, sales to countries outside the European Union declined by 1.7 percent to EUR 43.3 billion.

Imports increased 3.6 percent to EUR 84.9 billion, boosted by higher purchases from the European Union (1.7 percent to EUR 56.1 billion), mainly from European countries outside the Euro Area (5.5 percent to EUR 18.2 billion); while purchases from the Euro Area fell 0.1 percent to EUR 38.0 billion. In addition, imports from countries outside the European Union jumped 7.5 percent to EUR 28.8 billion.

Considering the first half of the year, the trade surplus narrowed to EUR 122.5 billion from EUR 129.3 billion in the same period of 2016.

On a seasonally adjusted basis, the trade surplus hit a ten-month high of EUR 21.2 billion from EUR 20.3 billion in May. Exports declined by 2.8 percent, the sharpest fall since August 2015, following five consecutive months of growth; and imports were down 4.5 percent, the biggest drop since January 2009.

Destatis l Rida Husna | rida@tradingeconomics.com
8/8/2017 9:46:45 AM



Calendar GMT Actual Previous Consensus Forecast (i)
2017-06-09 06:00 AM Apr €18.1B €25.3B €25.1B
2017-07-10 06:00 AM May €22.0B €18.1B €17.2B
2017-08-08 06:00 AM Jun €22.3B €22.0B €25.1B
2017-09-08 06:00 AM Jul €22.3B
2017-10-10 06:00 AM Aug
2017-11-09 07:00 AM Sep


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 22324.00 22017.62 25751.07 -535.91 EUR Million [+]
Exports 107247.00 110670.68 118335.00 226.39 EUR Million [+]
Imports 84923.00 88653.06 93036.00 346.78 EUR Million [+]
Current Account 23600.00 16000.00 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 35893.96 5234.80 44727.26 -28680.00 EUR Million [+]
Foreign Direct Investment 4425.97 -5214.29 141351.68 -32189.54 EUR Million [+]
Gold Reserves 3377.94 3377.94 3468.60 3377.94 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
22324.00 22017.62 25751.07 -535.91 1950 - 2017 EUR Million Monthly
Current Prices, NSA



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1431000.00 May/17
Switzerland 3511.05 Jul/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17