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

Germany recorded a trade surplus of 19000 EUR Million in December of 2014. Balance of Trade in Germany averaged 4382.68 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.

      Forecast    
Germany Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
19000.00 17900.00 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 Monday, March 2, 2015.


German Posts Record High Trade Surplus in 2014


German trade surplus widened 11.3 percent to €217 billion in 2014, boosted by sales to the European Union countries. In December, the trade surplus increased to €19.1 billion from €3.6 billion a year earlier, as exports posted the highest gain in more than two years.

From January to December 2014, exports and imports reached record highs: shipments rose 3.7 percent to €1133.6 billion while imports grew 2.0 percent to € 916.5 billion. Compared with 2013, sales to the EU countries increased by 5.4 percent to €657.3 billion and arrivals from those countries increased 3.6 percent to €599.9 billion. Goods to the value of €414.2 billion (2.7 percent) were dispatched to the Euro area countries in 2014, while the value of the goods received from those countries was €411.4 billion (2.3 percent). Exports to countries outside the European Union amounted to €476.2 billion (1.5 percent) in 2014, while imports from those countries totaled €316.6 billion (-0.9 percent). 

In December, the country exported goods to the value of € 90.1 billion and imported goods to the value of €71.1 billion. Year-on-year, exports increased by 10.0 percent while imports grew by 4.0 percent.

Germany dispatched goods to the value of €50.8 billion (+9.5 percent) to the Member States of the European Union, while it received goods to the value of € 46.3 billion (+3 percent) from those countries. Goods to the value of € 32.0 billion (+6.3 percent) were dispatched to the Euro area countries in December 2014, while the value of the goods received from those countries was €31.7 billion (+0.8 percent). Exports to countries outside the European Union amounted to €39.3 billion in December 2014 (+10.5 percent), while imports from those countries totaled €24.7 billion (+6.0 percent). 

After calendar and seasonal adjustment, exports increased by 3.4 percent and imports fell by 0.8 percent compared with the preceding month.

Destatis l Rida Husna l rida@tradingeconomics.com
2/9/2015 9:16:12 AM


Recent Releases

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. Published on 2015-01-09

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
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
€19B € 17.9B € 18.3B € 18.5B
2015-03-09 07:00 AM
Balance of Trade  Jan
€19B € 18.4B
2015-04-09 07:00 AM
Balance of Trade  Feb
€ 17.9B
2015-05-08 07:00 AM
Balance of Trade  Mar
€ 17B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 19000.00 17900.00 23400.00 -535.91 EUR Million [+]
Exports 90095.56 96000.00 103900.00 226.39 EUR Million [+]
Imports 71151.14 78100.00 81900.00 346.78 EUR Million [+]
Current Account 25300.00 18590.50 25300.00 -9353.00 EUR Million [+]
Current Account to GDP 7.50 7.40 7.50 -1.70 percent [+]
External Debt 677908.21 658492.26 922123.00 60638.00 EUR Million [+]
Foreign Direct Investment 1090.00 -1069.00 140457.80 -31502.04 EUR Million [+]
Remittances -863.00 -863.00 -601.00 -1228.00 EUR Million [+]
Capital Flows 29218.15 24584.82 43119.64 -34890.90 EUR Million [+]
Gold Reserves 3384.19 3384.19 3468.60 3384.19 Tonnes [+]
Crude Oil Production 46.00 46.00 55.29 35.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -436.00 Dec/14 -1016.00 2219.00 -3897.00 AUD Million [+]
Brazil -3173.95 Jan/15 293.00 5659.37 -4058.14 USD Million [+]
Canada -650.00 Dec/14 -340.00 8524.80 -2902.90 CAD Million [+]
China 600.30 Jan/15 496.13 544.76 -319.71 USD Hundred Million [+]
Euro Area 24300.00 Dec/14 21200.00 24300.00 -16638.00 EUR Million [+]
France -3446.00 Dec/14 -3093.00 2674.00 -7086.00 EUR Million [+]
Germany 19000.00 Dec/14 17900.00 23400.00 -535.91 EUR Million [+]
India -8320.00 Jan/15 -9430.00 258.90 -20210.90 USD Million [+]
Indonesia 709.40 Jan/15 186.80 4641.92 -2329.13 USD Million [+]
Italy 5756.00 Dec/14 3541.23 6923.00 -6389.30 EUR Million [+]
Japan -1177.50 Jan/15 -660.70 1608.67 -2795.04 JPY Billion [+]
Mexico -3248.00 Jan/15 254.00 1710.25 -3292.30 USD Million [+]
Netherlands 4891.20 Dec/14 5110.00 5110.00 -907.60 EUR Million [+]
Russia 12927.00 Dec/14 13359.00 20356.00 -185.00 USD Million [+]
South Korea 5530.00 Jan/15 5750.00 7380.00 -4043.45 USD Million [+]
Spain -1821800.00 Dec/14 -1555245.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3432.72 Jan/15 1514.42 3901.00 -1478.68 CHF million [+]
Turkey -4305.31 Jan/15 -8505.55 24.51 -10453.06 USD Million [+]
United Kingdom -2895.00 Dec/14 -1841.00 2946.00 -5397.00 GBP Million [+]
United States -46560.00 Dec/14 -39750.00 1946.00 -67823.00 USD Million [+]