Germany Balance of Trade 1950-2015 | Data | Chart | Calendar | Forecast

Germany recorded a trade surplus of 17883.46 EUR Million in November of 2014. Balance of Trade in Germany averaged 4363.78 EUR Million from 1950 until 2014, reaching an all time high of 23400 EUR Million in July of 2014 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.

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Germany Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
17883.46 22100.00 23400.00 -535.91 1950 - 2014 EUR Million Monthly
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. Content for - Germany Balance of Trade - was last refreshed on Saturday, January 31, 2015.


German Trade Surplus Narrows in November


German trade surplus decreased to € 17.9 billion in November of 2014 from € 21.5 billion a year earlier, as imports rose faster than exports.

Germany exported goods to the value of 95.8 billion euros and imported goods to the value of 78.0 billion euros in November of 2014. Year-on-year, exports increased by 1.4 percent and imports by 1.7 percent.

The country dispatched goods to the value of 56.0 billion euros to the Member States of the European Union, while it received goods to the value of 51.4 billion euros from those countries. Compared with November 2013, dispatches to the EU countries increased by 4.8 percent, and arrivals from those countries by 3.2 percent. Goods to the value of 35.0 billion euros (+2.2 percent) were dispatched to the Euro area countries in November 2014, while the value of the goods received from those countries was 35.0 billion euros (+3.1 percent). In  November 2014,  goods to the value of 21.1 billion euros (+9.4 percent) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 16.4 billion euros (+ 3.4 percent).

Exports of goods to countries outside the European Union amounted to 39.8 billion euros in November 2014, while imports from those countries totalled 26.6 billion euros. Compared with November 2013, exports to third countries decreased by 3.0 percent and imports from those countries by 1.1 percent.

After calendar and seasonal adjustment, exports declined by 2.1 percent and imports rose by 1.5 percent compared with the preceding month.

Destatis l Rida Husna l rida@tradingeconomics.com
1/9/2015 7:21:51 AM


Recent Releases

German Trade Surplus Increases in October
German trade surplus widened to € 21.9 billion in October of 2014 from € 17.8 billion a year earlier, as exports rose to a new record high. Published on 2014-12-09

German Trade Surplus Widens in October
German trade surplus reached € 21.9 billion in September of 2014, up from € 20.6 billion a year earlier, as exports rose to a new record high. On a monthly basis, the surplus widened 55.3 percent. Published on 2014-11-07


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-11-07 07:00 AM
Balance of Trade  Sep
€21.9B €14.1B € 14.1B
2014-12-09 07:00 AM
Balance of Trade  Oct
€21.9B €22.1B (R) EUR 18.1 € 16B
2015-01-09 07:00 AM
Balance of Trade  Nov
€17.9B €22.1B (R) €20.4B € 18.2B
2015-02-09 07:00 AM
Balance of Trade  Dec
€ 17.9B € 17.1B
2015-03-09 07:00 AM
Balance of Trade  Jan
€ 15.8B
2015-04-09 07:00 AM
Balance of Trade  Feb
€ 15.2B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 17883.46 22100.00 23400.00 -535.91 EUR Million [+]
Exports 95969.39 103900.00 103900.00 226.39 EUR Million [+]
Imports 78085.93 81800.00 81800.00 346.78 EUR Million [+]
Current Account 18590.50 22500.00 23700.00 -9353.00 EUR Million [+]
Current Account to GDP 7.50 7.40 7.50 -1.70 percent [+]
External Debt 658492.26 655074.95 922123.00 60638.00 EUR Million [+]
Foreign Direct Investment -2158.93 -3564.89 140457.80 -31502.04 EUR Million [+]
Remittances -863.00 -807.00 -601.00 -1228.00 EUR Million [+]
Capital Flows -30424.90 -34890.90 21575.30 -34890.90 EUR Million [+]
Gold Reserves 3384.19 3384.19 3468.60 3384.19 Tonnes [+]
Crude Oil Production 47.00 49.00 55.29 35.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -925.00 Nov/14 -877.00 2219.00 -3897.00 AUD Million [+]
Brazil 293.00 Dec/14 -2350.52 5659.37 -4058.14 USD Million [+]
Canada -644.30 Nov/14 -327.00 8524.80 -2902.90 CAD Million [+]
China 496.13 Dec/14 544.76 544.76 -319.71 USD Hundred Million [+]
Euro Area 19954.00 Nov/14 23646.00 23646.00 -16638.00 EUR Million [+]
France -3236.00 Nov/14 -4270.00 2674.00 -7086.00 EUR Million [+]
Germany 17883.46 Nov/14 22100.00 23400.00 -535.91 EUR Million [+]
India -9430.00 Dec/14 -16861.10 258.90 -20210.90 USD Million [+]
Indonesia -425.70 Nov/14 20.00 4641.92 -2329.13 USD Million [+]
Italy 3541.23 Nov/14 5396.00 6923.00 -6389.30 EUR Million [+]
Japan -660.70 Dec/14 -893.52 1608.67 -2795.04 JPY Billion [+]
Mexico 254.00 Dec/14 -1076.36 1710.25 -3292.30 USD Million [+]
Netherlands 5110.00 Nov/14 4849.00 5110.00 -907.60 EUR Million [+]
Russia 13359.00 Nov/14 14222.00 20356.00 -185.00 USD Million [+]
South Korea 5780.00 Dec/14 5510.00 7380.00 -4043.45 USD Million [+]
Spain -1555245.00 Nov/14 -2240060.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3868.33 Nov/14 3226.00 3901.00 -1478.68 CHF million [+]
Turkey -8505.55 Dec/14 -8306.48 24.51 -10453.06 USD Million [+]
United Kingdom -1406.00 Nov/14 -2246.00 2946.00 -5397.00 GBP Million [+]
United States -39001.00 Nov/14 -42249.00 1946.00 -67823.00 USD Million [+]