Germany Balance of Trade 1950-2014 | Data | Chart | Calendar | Forecast

Germany recorded a trade surplus of 21900 EUR Million in September of 2014. Balance of Trade in Germany averaged 4364.92 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
21900.00 14100.00 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 Sunday, November 23, 2014.


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.

Germany exported goods to the value of 102.5 billion euros and imported goods to the value of 80.6 billion euros in September of 2014. The export value exceeded the previous peak achieved in July 2014 (101.1 billion euros). Year-on-year, exports increased by 8.5 percent and imports by 8.4 percent.

The country dispatched goods to the value of 58.6 billion euros to the Member States of the European Union (EU), while it received goods to the value of 52.5 billion euros from those countries. Compared with September 2013, dispatches to the EU countries increased by 7.1 percent, and arrivals from those countries by 8.7 percent. Goods to the value of 36.5 billion euros (+3.4 percent) were dispatched to the Euro area countries in September 2014, while the value of the goods received from those countries was 35.9 billion euros (+9.0 percent). In September 2014,  goods to the value of 22.2 billion euros (+13.8 percent) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 16.5 billion euros (+8.1percent).

Exports of goods to countries outside the European Union (third countries) amounted to 43.8 billion euros in September 2014, while imports from those countries totalled 28.1 billion euros. Compared with September 2013, exports to third countries decreased by 10.5 percent and imports from those countries by 7.7 percent.

After calendar and seasonal adjustment, exports increased by 5.5 percent and imports by 5.4 percent compared with August 2014. 

DESTATIS l Rida l rida@tradingeconomics.com
11/7/2014 10:02:38 AM


Recent Releases

German Trade Surplus Falls from Record High
German trade surplus reached € 14.1 billion in August of 2014, slightly up from € 12.7 billion a year earlier. Yet, on a monthly basis, the surplus narrowed 39.7 percent, as exports recorded the highest drop in more than five years. Published on 2014-10-09

German Posts Record Trade Surplus in July
German trade surplus widened to € 23.4 billion in July of 2014 from € 16.3 billion a year earlier. It is the highest trade surplus on record, as exports hit its monthly peak. Published on 2014-09-08


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-09-08 07:00 AM
Balance of Trade  Jul 2014
€23.4B €16.6B (R) € 16.9B
2014-10-09 07:00 AM
Balance of Trade  Aug 2014
€14.1B €23.4B € 18.3B
2014-11-07 07:00 AM
Balance of Trade  Sep 2014
€21.9B €14.1B € 14.1B
2014-12-09 07:00 AM
Balance of Trade  Oct 2014
€21.9B € 16B


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 21900.00 14100.00 23400.00 -535.91 EUR Million [+]
Exports 102511.40 84100.00 102511.40 226.39 EUR Million [+]
Imports 80432.09 70000.00 81250.69 346.78 EUR Million [+]
Current Account 22300.00 10500.00 23613.00 -9353.00 EUR Million [+]
Current Account to GDP 7.50 7.40 7.50 -1.70 percent [+]
External Debt 656275.00 678751.00 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 3386.36 3468.60 3384.19 Tonnes [+]
Crude Oil Production 47.00 49.00 55.29 35.00 BBL/D/1K [+]