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

Germany posted a EUR 24.4 billion trade surplus in September of 2016, up from EUR 22.3 billion reported a year earlier. It was the largest surplus since June, as exports rose while import fell. Year-on-year, sales went up 0.9 percent to EUR 106.4 billion while imports decreased by 1.4 percent to EUR 82.0 billion. In August 2016, trade surplus stood at EUR 20.0 billion. On a seasonally adjusted basis, exports declined by 0.7 percent while imports dropped by 0.5 percent from the previous month. Balance of Trade in Germany averaged 4736.49 EUR Million from 1950 until 2016, reaching an all time high of 25899.00 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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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-09 06:00 AM Jul €19.5B €24.7B € 20.7B
2016-10-10 06:00 AM Aug €20.0B €19.5B €20B € 20.6B
2016-11-08 07:00 AM Sep €24.4B €20.0B € 20.5B
2016-12-09 07:00 AM Oct €24.4B € 20.2B
2017-01-09 07:00 AM Nov
2017-02-09 07:00 AM Dec




German Trade Surplus Largest in 3 Months


Germany posted a EUR 24.4 billion trade surplus in September of 2016, up from EUR 22.3 billion reported a year earlier. It was the largest surplus since June, as exports rose while import fell.

In September, sales went up 0.9 percent from a year earlier to EUR 106.4 billion while imports dropped by 1.4 percent to EUR 82.0 billion.

Germany exported goods to the value of EUR 63.4 billion (+2.3 percent year-on-year) to the Member States of the European Union, while it imported goods to the value of EUR 55.2 billion (-0.3 percent) from those countries. Goods to the value of EUR 39.5 billion (+2.3 percent) were dispatched to the Euro Area countries while the value of the goods received from those countries was EUR 37.0 billion (-2.2 percent). Sales to EU countries not belonging to the Euro Area increased by 2.2 percent to EUR 24.0 billion while the value of the goods which arrived from those countries was EUR 18.3 billion (+3.8 percent). Exports to countries outside the European Union amounted to  EUR 43.0 billion in September 2016 (-1.0 percent), while imports from those countries totaled EUR 26.8 billion (-3.6 percent). 

In August 2016, trade surplus stood at EUR 20.0 billion.

On a seasonally adjusted basis, exports declined by 0.7 percent in September while imports dropped by 0.5 percent from the previous month.

Destatis l Rida Husna | rida@tradingeconomics.com
11/8/2016 7:29:17 AM



Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 24400.00 19993.00 25899.00 -535.91 EUR Million [+]
Exports 106400.00 96509.00 107492.03 226.39 EUR Million [+]
Imports 82000.00 76516.00 84515.35 346.78 EUR Million [+]
Current Account 24200.00 17900.00 29893.50 -9353.22 EUR Million [+]
External Debt 4797646.00 4654868.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.80 6.50 7.60 -1.70 percent [+]
Foreign Direct Investment 11384.15 1017.45 141351.68 -32189.54 EUR Million [+]
Capital Flows 23913.86 13624.87 43933.72 -28680.00 EUR Million [+]
Gold Reserves 3377.94 3378.25 3468.60 3377.94 Tonnes [+]
Crude Oil Production 48.00 47.00 55.00 35.00 BBL/D/1K [+]
Weapons Sales 2049.00 1785.00 3244.00 12.00 USD Million [+]
Terrorism Index 4.31 3.44 4.31 1.77 [+]
Tourist Arrivals 34970.00 33005.00 34970.00 14347.00 Thousand [+]



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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
24400.00 19993.00 25899.00 -535.91 1950 - 2016 EUR Million Monthly
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