Germany Balance of Trade  1950-2017 | Data | Chart | Calendar | Forecast

Germany posted a EUR 22.6 billion trade surplus in November of 2016, compared to a EUR 20.5 billion surplus reported a year earlier, as exports rose more than imports. Year-on-year, sales grew by 5.6 percent to EUR 108.5 billion while imports went up 4.5 percent to EUR 85.8 billion. In October 2016, trade surplus was marginally revised to EUR 19.4 billion. On a seasonally adjusted basis, exports rose 3.9 percent from the previous month while imports increased by 3.5 percent. Balance of Trade in Germany averaged 4770.35 EUR Million from 1950 until 2016, reaching an all time high of 25751.07 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991.

Germany Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-08 07:00 AM Sep €24.4B €20.0B € 20.5B
2016-12-09 07:00 AM Oct €19.3B €24.2B € 20.2B
2017-01-09 07:00 AM Nov €22.6B €19.4B € 21.4B
2017-02-09 07:00 AM Dec €22.6B
2017-03-10 07:00 AM Jan
2017-04-07 06:00 AM Feb




German Trade Surplus Widens in November


Germany posted a EUR 22.6 billion trade surplus in November of 2016, compared to a EUR 20.5 billion surplus reported a year earlier, as exports rose more than imports.

In November, sales grew by 5.6 percent from a year earlier to EUR 108.5 billion while imports went up 4.5 percent t0 EUR 85.8 billion. 

Germany exported goods to the value of EUR 63.2 billion (+4.3 percent year-on-year) to the Member States of the European Union, while it imported goods to the value of EUR 56.9 billion (+4.8 percent) from those countries. Goods to the value of EUR 39.7 billion (+5.2 percent) were dispatched to the Euro Area countries while the value of the goods received from those countries was EUR 38.0 billion (+3.0 percent). Sales to EU countries not belonging to the Euro Area increased by 2.8 percent to EUR 23.6 billion while the value of the goods which arrived from those countries was EUR 19.0 billion (+8.5 percent). Exports to countries outside the European Union amounted to  EUR 45.2 billion in September 2016 (+7.6 percent) while imports from those countries totaled EUR 28.9 billion (+3.9 percent). 

In October 2016, trade surplus was marginally revised to EUR 19.4  billion.

On a seasonally adjusted basis, exports rose 3.9 percent from the previous month while imports increased by 3.5 percent.

Destatis l Rida Husna | rida@tradingeconomics.com
1/9/2017 7:59:57 AM



Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 22618.00 19407.05 25751.07 -535.91 EUR Million [+]
Exports 108467.00 101561.24 108467.00 226.39 EUR Million [+]
Imports 85849.00 82154.19 85849.00 346.78 EUR Million [+]
Current Account 24600.00 19400.00 29492.34 -13042.72 EUR Million [+]
External Debt 4774547.00 4797646.00 4831883.00 1929687.00 EUR Million [+]
Current Account to GDP 8.80 6.50 7.60 -1.70 percent [+]
Foreign Direct Investment -5035.05 11989.89 141351.68 -32189.54 EUR Million [+]
Capital Flows 30426.88 26226.09 42704.84 -28680.00 EUR Million [+]
Gold Reserves 3377.94 3378.25 3468.60 3377.94 Tonnes [+]
Crude Oil Production 48.00 47.00 55.00 35.00 BBL/D/1K [+]
Weapons Sales 2049.00 1785.00 3244.00 12.00 USD Million [+]
Terrorism Index 4.31 3.44 4.31 1.77 [+]
Tourist Arrivals 34970.00 33005.00 34970.00 14347.00 Thousand [+]



Germany Balance of Trade Notes

Germany runs regular trade surpluses since 1952, primarily due to strong exports of vehicles and other machinery. In 2015 main trading partners were the US, France and the Netherlands; and the biggest trade surpluses were recorded with the US, the UK, France, Austria and UAE. Germany records trade deficits with China, the Netherlands, Norway, Russia and Vietnam. This page provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
22618.00 19407.05 25751.07 -535.91 1950 - 2016 EUR Million Monthly
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