Exports in Germany decreased to 126.61 EUR Billion in September from 129.63 EUR Billion in August of 2023. Exports in Germany averaged 43.92 EUR Billion from 1962 until 2023, reaching an all time high of 137.09 EUR Billion in February of 2023 and a record low of 2.10 EUR Billion in January of 1962. source: Federal Statistical Office
Exports in Germany is expected to be 125.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Exports is projected to trend around 128.00 EUR Billion in 2024 and 151.00 EUR Billion in 2025, according to our econometric models.
Germany is the third largest exporter in the world, with exports accounting for almost an half of its economic output. In 2021, Germany main exports were: motor vehicles, trailers and semi-trailers (15 percent of total exports); machinery and equipment (14 percent); chemicals and chemical products (10 percent); computer, electronic and optical products (9 percent); basic pharmaceutical products and pharmaceutical preparations (7 percent); electrical equipment (7 percent); basic metals (5 percent); food products (4 percent); rubber and plastic products (4 percent); fabricated metal products, except machinery and equipment (3 percent) and other transport equipment (3 percent). Main export partners were: the US (9 percent of the total exports), China (8 percent), France and the Netherlands (7 percent each), Poland (6 percent), Italy, Austria and the United Kingdom (5 percent each), Switzerland and Belgium (4 percent each), Czech Republic and Spain (3 percent each).
|
Actual |
Previous |
Highest |
Lowest |
Dates |
Unit |
Frequency |
|
|
126.61 |
129.63 |
137.09 |
2.10 |
1962 - 2023 |
EUR Billion |
Monthly |
SA
|