Germany Balance of Trade  1950-2016 | Data | Chart | Calendar | Forecast

German trade surplus decreased to €18.8 billion in December of 2015 from €18.94 billion surplus reported in the same month of the previous year. Exports grew 3.2 percent to €91.9 billion while imports increased by 3.5 percent to €73.1 billion. Considering full 2015, the country's trade surplus widened to an all time high of €247.8 billion. Balance of Trade in Germany averaged 4540.89 EUR Million from 1950 until 2015, reaching an all time high of 25000 EUR Million in July of 2015 and a record low of -535.91 EUR Million in April of 1991. Balance of Trade in Germany is reported by the Federal Statistical Office.

Germany Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
18800.00 20600.00 25000.00 -535.91 1950 - 2015 EUR Million Monthly
Current Prices, NSA
Germany runs regular trade surpluses since 1952, primarily due to strong exports of cars and other machinery. Germany also exports: chemical products, hardware, electronic equipment, metals and pharmaceuticals. Germany main imports are fuel, vehicle parts and metals and electronic devices. Main trading partners are Netherlands, France, the United Kingdom, China and the United States. In recent years, the biggest trade deficits were recorded with Netherlands, Norway, China, Russia and Vietnam. Germany records trade surpluses with the United States, France, the United Kingdom, Austria and United Arab Emirates. 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-09 07:00 AM Oct €22.5B €22.8B € 22B
2016-01-08 07:00 AM Nov €20.6B €22.3B € 21.6B
2016-02-09 07:00 AM Dec € 18.8B €20.5B € 20.8B
2016-03-10 07:00 AM Jan €18.8B €21.8B
2016-04-08 06:00 AM Feb € 21.5B
2016-05-10 06:00 AM Mar € 21.2B

German 2015 Trade Surplus at Record High


German trade surplus grew to a record of €247.8 billion in 2015 from the previous peak of €213.6 billion reported in 2014 as exports and imports set new highs.

In 2015, exports went up 6.4 percent to €1,195.8 billion and import increased 4.2 percent to €948.0 billion, reaching a new fresh all-time highs.

In 2015, Germany dispatched goods to the value of €693.9 billion to the Member States of the European Union (EU), while it received goods to the value of €621.6 billion from those countries. Compared with 2014, dispatches to the EU countries increased by 7 percent, and arrivals from those countries by 4.5 percent. Goods to the value of €435 billion (+5.9 percent) were dispatched to the Euro area countries in 2015, while the value of the goods received from those countries was €426.5 billion (+3.8 percent).
 
Exports of goods to countries outside the European Union (third countries) amounted to €501.9 billion in 2015, while imports from those countries totalled €326.5 billion. Compared with 2014, exports to third countries increased by 5.6 percent and imports from those countries rose by 3.5 percent.

In December, trade surplus decreased to €18.8 billion from €18.94 billion surplus reported in the same month of the previous year. Germany exported goods to the value of €91.9 billion (+3.2 percent year-on-year) and imported goods to the value of €73.1 billion (+3.5 percent). In calendar and seasonally adjusted terms, both exports and imports were down 1.6 percent from November 2015.
 

 


Destatis | Joana Taborda | joana.taborda@tradingeconomics.com
2/9/2016 11:48:57 AM

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 18800.00 20600.00 25000.00 -535.91 EUR Million [+]
Exports 91900.00 102200.00 107492.00 226.39 EUR Million [+]
Imports 73100.00 81700.00 84514.70 346.78 EUR Million [+]
Current Account 25600.00 24700.00 26765.00 -9353.22 EUR Million [+]
External Debt 4584243.00 4558137.00 4942767.00 1929687.00 EUR Million [+]
Current Account to GDP 8.80 6.50 7.60 -1.70 percent [+]
Capital Flows 30747.52 24096.38 38488.05 -33483.10 EUR Million [+]
Foreign Direct Investment 8279.00 4608.00 140457.80 -31502.04 EUR Million [+]
Gold Reserves 3380.98 3381.01 3468.60 3380.98 Tonnes [+]
Crude Oil Production 43.00 45.00 55.00 35.00 BBL/D/1K [+]
Terrorism Index 3.44 1.77 3.44 1.77 [+]
Tourist Arrivals 32999.00 31545.00 32999.00 14347.00 Thousand [+]




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