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

Germany recorded a trade surplus of 16405.95 EUR Million in June of 2014. Balance of Trade in Germany averaged 4274.81 EUR Million from 1950 until 2014, reaching an all time high of 21410.60 EUR Million in March of 2013 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
16405.95 18172.20 21410.60 -535.91 1950 - 2014 EUR Million Monthly
Germany runs regular trade surpluses primarily due to its strong export of cars and other machinery. Germany also exports chemical products, hardware, electronic equipment, metals and pharmaceuticals. Germany main imports are electronic devices, fuel, vehicle parts and metals. Main trading partners are France, Netherlands, United States and Italy. 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 Tuesday, September 2, 2014.


German Trade Surplus Narrows Further in June


German trade surplus shrank for the third straight month to € 16.5 billion in June of 2014 from € 17.8 billion recorded in May as imports grew faster than exports.

Germany exported goods to the value of 93.4 billion euros and imported goods to the value of 77.0 billion euros in June 2014. Imports increased by 4.5 percent in June from May in adjusted terms, the sharpest monthly increase since November 2010. This followed a decline in May of 3.4 percent. Exports grew 0.9 percent in June after May's 1.1 percent decline.

In June 2014, Germany dispatched goods to the value of 54.8 billion euros to the Member States of the European Union (EU), while it received goods to the value of 51.1 billion euros from those countries. Compared with June 2013, dispatches to the EU countries increased by 2.6%, and arrivals from those countries by 5.0%. Goods to the value of 34.8 billion euros (+0.3%) were dispatched to the Euro area countries in June 2014, while the value of the goods received from those countries was 35.7 billion euros (+4.0%). In June 2014, goods to the value of 20.0 billion euros (+7.1%) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 15.4 billion euros (+7.5%).

Exports of goods to countries outside the European Union (third countries) amounted to 38.6 billion euros in June 2014, while imports from those countries totalled 25.8 billion euros. Compared with June 2013, exports to third countries decreased by 0.9% and imports from those countries by 3.2%.

Destatis | Isabel Felino | isabel.felino@tradingeconomics.com
8/8/2014 9:48:05 AM


Recent Releases

German Trade Surplus Widens in May
Germany unadjusted trade surplus increased to € 17.8 billion in May of 2014 from a revised € 17.2 billion in the previous month. Imports posted the highest seasonally adjusted month-on-month decrease since November of 2012 and exports contracted 1.1 percent. Published on 2014-07-08

German Trade Surplus Widens to 5-Month High
Germany unadjusted trade surplus increased to € 17.4 billion in April of 2014 from a revised € 16.6 billion in the previous month, as exports increased at their fastest pace in nearly two years. Published on 2014-06-06


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-05-09 07:00 AM Germany
Balance of Trade
Mar 2014 € 16.4B € 16.2B (R) € 16.5B € 16B
2014-06-06 07:00 AM Germany
Balance of Trade
Apr 2014 € 17.4B € 16.6B (R) € 15.2B
2014-07-08 07:00 AM Germany
Balance of Trade
May 2014 €17.8 € 17.2B (R) € 16.4B € 15.6B
2014-08-08 07:00 AM Germany
Balance of Trade
Jun 2014 €16.5B €17.8 €16.6B
2014-09-08 07:00 AM Germany
Balance of Trade
Jul 2014 €16.5B € 16.9B


Trade Last Previous Highest Lowest Unit
Balance of Trade 16405.95 18172.20 21410.60 -535.91 EUR Million [+]
Exports 92668.89 91606.02 98188.50 226.39 EUR Million [+]
Imports 76262.94 73433.83 80144.32 346.78 EUR Million [+]
Current Account 14993.00 12215.00 23613.00 -9353.00 EUR Million [+]
Current Account to GDP 7.50 7.40 7.50 -1.70 Percent [+]
External Debt 643267.00 634869.00 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 3386.36 3387.14 3468.60 3386.36 Tonnes [+]
Crude Oil Production 30.00 30.00 55.29 20.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1683.00 Jun/14 -2043.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 1859.60 Jun/14 576.00 8524.80 -2902.90 CAD Million [+]
China 473.01 Jul/14 315.65 473.00 -319.71 USD Hundred Million [+]
Euro Area 16808.50 Jun/14 15400.00 21780.80 -16638.00 EUR Million [+]
France -5380.00 Jun/14 -5129.00 2674.00 -7004.00 EUR Million [+]
Germany 16405.95 Jun/14 18172.20 21410.60 -535.91 EUR Million [+]
India -12228.60 Jul/14 -11763.20 258.90 -20210.90 USD Million [+]
Indonesia 130.00 Jul/14 -288.00 4641.92 -2329.13 USD Million [+]
Italy 3675.63 May/14 3517.00 6382.91 -6389.31 EUR Million [+]
Japan -963.99 Jul/14 -823.20 1608.67 -2795.04 JPY Billion [+]
Mexico -979.88 Jul/14 423.73 1710.25 -3292.30 USD Million [+]
Netherlands 4773.00 Jun/14 3337.10 4948.70 -907.60 EUR Million [+]
Russia 13957.00 Jun/14 18280.00 20356.00 -185.00 USD Million [+]
South Korea 3400.00 Aug/14 2398.95 6794.27 -4043.45 USD Million [+]
Spain -1477012.00 Jun/14 -1756166.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3983.49 Jul/14 1412.00 3983.49 -1478.68 CHF million [+]
Turkey -6460.00 Jul/14 -7853.06 24.51 -10453.06 USD Million [+]
United Kingdom -2459.00 Jun/14 -2364.00 2946.00 -5269.00 GBP Million [+]
United States -41538.00 Jun/14 -44392.00 1946.00 -67823.00 USD Million [+]





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