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

Germany posted a €20.6 billion trade surplus in November of 2015, up from €17.4 billion a year earlier, as exports grew by 7.7 percent and imports rose 5.3 percent. Balance of Trade in Germany averaged 4522.86 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
20600.00 22300.00 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)
2015-11-09 07:00 AM Sep €22.9B €15.3B € 22.2B
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 €20.6B € 20.8B
2016-03-10 07:00 AM Jan € 21.8B
2016-04-08 06:00 AM Feb € 21.5B

Germany Trade Surplus Widens in November


Germany posted a €20.6 billion trade surplus in November of 2015, up from €17.4 billion a year earlier, as exports grew by 7.7 percent and imports rose 5.3 percent.

In November, the country exported goods to the value of €102.2 billion, while imported goods to the value of €81.7 billion. 

Germany dispatched goods to the value of €60.7 billion (+9.5 percent year-on-year) to the Member States of the European Union, while it received goods to the value of €54.2 billion (+6.3 percent) from those countries. Goods to the value of €37.8 billion (+8.8 percent) were dispatched to the Euro area countries in November 0f 2015, while the value of the goods received from those countries was €36.8 billion (+5.5 percent). Sales to EU countries not belonging to the Euro area increased by 10.8 percent to €22.9 billion while the value of the goods which arrived from those countries was 17.4 billion euros (+8.2 percent).

Exports to countries outside the European Union amounted to €41.5 billion in November 2015 (+5.1 percent), while imports from those countries totaled €27.4 billion (+3.4 percent). 

On a seasonally adjusted basis, exports grew 0.4 percent from October while imports rose 1.6 percent. That brought the trade surplus to €19.7 billion.

In October 2015, the country posted a downwardly revised €22.3 billion trade surplus.

Destatis l Rida Husna | rida@tradingeconomics.com
1/8/2016 8:25:51 AM

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 20600.00 22300.00 25000.00 -535.91 EUR Million [+]
Exports 102200.00 106200.00 107492.00 226.39 EUR Million [+]
Imports 81700.00 83800.00 84514.70 346.78 EUR Million [+]
Current Account 24700.00 22900.00 26765.00 -9353.22 EUR Million [+]
External Debt 4584243.00 4558137.00 4942767.00 1929687.00 EUR Million [+]
Current Account to GDP 7.60 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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