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

Germany recorded a trade surplus of 21900 EUR Million in October of 2014. Balance of Trade in Germany averaged 4346.15 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 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 Thursday, December 18, 2014.


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.

Germany exported goods to the value of 103.9 billion euros and imported goods to the value of 81.9 billion euros in October of 2014. The export value exceeded the previous peak achieved in September 2014 (102.5 billion euros). Year-on-year, exports increased by 4.9 percent and imports by 0.9 percent.

The country dispatched goods to the value of 59.7 billion euros to the Member States of the European Union, while it received goods to the value of 54.0 billion euros from those countries. Compared with October 2013, dispatches to the EU countries increased by 3.9 percent, and arrivals from those countries by 1.2 percent. Goods to the value of 37.5 billion euros (+1.9 percent) were dispatched to the Euro area countries in October 2014, while the value of the goods received from those countries was 36.7 billion euros (+9.0 percent). In  October 2014,  goods to the value of 22.2 billion euros (+7.6 percent) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 17.53 billion euros (+ 3.6 percent).

Exports of goods to countries outside the European Union amounted to 44.2 billion euros in October 2014, while imports from those countries totalled 28.0 billion euros. Compared with October 2013, exports to third countries decreased by 6.3 percent and imports from those countries by 0.2 percent.

After calendar and seasonal adjustment, exports declined by 0.5 percent and imports by 3.1 percent compared with the preceding month.

DESTATIS l Rida l rida@tradingeconomics.com
12/9/2014 11:33:51 AM


Recent Releases

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

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


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-10-09 07:00 AM
Balance of Trade  Aug
€14.1B €23.4B € 18.3B
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
2015-01-08 07:00 AM
Balance of Trade  Nov
18236.91
2015-02-06 07:00 AM
Balance of Trade  Dec
17107.04
2015-03-11 07:00 AM
Balance of Trade  Jan
15835.2


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 21900.00 22100.00 23400.00 -535.91 EUR Million [+]
Exports 103900.00 102511.40 102511.40 226.39 EUR Million [+]
Imports 81941.00 80400.00 81941.00 346.78 EUR Million [+]
Current Account 23100.00 23700.00 23700.00 -9353.00 EUR Million [+]
Current Account to GDP 7.50 7.40 7.50 -1.70 percent [+]
External Debt 655074.95 656275.00 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 [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1323.00 Oct/14 -2235.00 2226.00 -3892.00 AUD Million [+]
Brazil -2350.52 Nov/14 -1177.00 5659.37 -4058.14 USD Million [+]
Canada 100.00 Oct/14 310.00 8524.80 -2902.90 CAD Million [+]
China 544.74 Nov/14 454.05 544.74 -319.71 USD Hundred Million [+]
Euro Area 24000.00 Oct/14 18100.00 24000.00 -16638.00 EUR Million [+]
France -4608.00 Oct/14 -4715.00 2674.00 -7086.00 EUR Million [+]
Germany 21900.00 Oct/14 22100.00 23400.00 -535.91 EUR Million [+]
India -16860.00 Nov/14 -13350.00 258.90 -20210.90 USD Million [+]
Indonesia 20.00 Oct/14 -270.30 4641.92 -2329.13 USD Million [+]
Italy 5397.00 Oct/14 2020.00 6923.00 -6389.30 EUR Million [+]
Japan -891.85 Nov/14 -709.99 1608.67 -2795.04 JPY Billion [+]
Mexico 143.00 Oct/14 590.00 1710.25 -3292.30 USD Million [+]
Netherlands 5195.00 Oct/14 4707.00 5195.00 -907.60 EUR Million [+]
Russia 13595.00 Oct/14 12953.00 20356.00 -185.00 USD Million [+]
South Korea 5606.00 Nov/14 7380.00 7380.00 -4043.45 USD Million [+]
Spain -2373700.00 Sep/14 -2771962.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3255.00 Oct/14 2489.00 3901.00 -1478.68 CHF million [+]
Turkey -6251.72 Oct/14 -6925.00 24.51 -10453.06 USD Million [+]
United Kingdom -2024.00 Oct/14 -2822.00 2946.00 -5397.00 GBP Million [+]
United States -43400.00 Oct/14 -43600.00 1946.00 -67823.00 USD Million [+]