Germany Balance of Trade  1950-2016 | Data | Chart | Calendar | Forecast

Germany posted a EUR 24.9 billion trade surplus in June of 2016, up from EUR 23.9 billion reported a year earlier as exports rose more than imports. Year-on-year, sales increased by 1.2 percent to EUR 106.8 billion while imports went up 0.3 percent to EUR 82.0 percent. Considering January to June 2016, trade surplus stood at EUR 130.8 billion, up from EUR 123.4 billion registered in the same period a year earlier. On a seasonally adjusted basis, exports rose 0.3 percent while imports increased by 1.0 percent. That brought the trade surplus at EUR 21.7 billion. Balance of Trade in Germany averaged 4674.99 EUR Million from 1950 until 2016, reaching an all time high of 25899 EUR Million in March of 2016 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.

Germany Balance of Trade
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Actual Previous Highest Lowest Dates Unit Frequency
24869.00 21028.01 25899.00 -535.91 1950 - 2016 EUR Million Monthly
Current Prices, NSA
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-09 06:00 AM Apr € 25.6B € 26.2B €20.1B
2016-07-08 06:00 AM May €21B € 25.7B € 20.9B
2016-08-09 06:00 AM Jun €24.9B €21B € 20.8B
2016-09-09 06:00 AM Jul €24.9B € 20.7B
2016-10-10 06:00 AM Aug € 20.6B
2016-11-08 07:00 AM Sep € 20.5B

German Trade Surplus Widens in June


Germany posted a EUR 24.9 billion trade surplus in June of 2016, up from EUR 23.9 billion reported a year earlier as exports rose 1.2 percent year-on-year while imports grew 0.3 percent.

In June, the country exported goods to the value of EUR 106.8 billion, while imported goods to the value of EUR 82.0 billion.

Germany dispatched goods to the value of EUR 62.7 billion (+2.3 percent year-on-year) to the Member States of the European Union, while it received goods to the value of EUR 55.2 billion (+3.3 percent) from those countries. Goods to the value of EUR 38.9 billion (+0.1 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 6.0 percent to EUR 23.8 billion while the value of the goods which arrived from those countries was EUR 17.2 billion (+3.9 percent). Exports to countries outside the European Union amounted to  EUR 44.1 billion in June 2016 (-0.4 percent), while imports from those countries totaled EUR 26.8 billion (-5.4 percent). 

In May, trade surplus came in at EUR 21.0 billion

Considering January to June 2016, trade surplus stood at EUR 130.8 billion, up from EUR 123.4 billion registered in the same period a year earlier.

On a seasonally adjusted basis, exports rose 0.3 percent while imports increased by 1.0 percent. That brought the trade surplus at EUR 21.7 billion.

Destatis l Rida Husna | rida@tradingeconomics.com
8/9/2016 7:42:16 AM

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 24869.00 21028.01 25899.00 -535.91 EUR Million [+]
Exports 106800.00 97229.00 107492.03 226.39 EUR Million [+]
Imports 81967.00 76196.00 84515.35 346.78 EUR Million [+]
Current Account 26300.00 18400.00 29893.50 -9353.22 EUR Million [+]
External Debt 4678255.00 4515636.00 4942767.00 1929687.00 EUR Million [+]
Current Account to GDP 8.80 6.50 7.60 -1.70 percent [+]
Foreign Direct Investment 16106.13 6432.44 141351.68 -32189.54 EUR Million [+]
Capital Flows 17987.26 4401.84 43933.72 -28680.00 EUR Million [+]
Gold Reserves 3380.98 3380.98 3468.60 3380.98 Tonnes [+]
Crude Oil Production 44.00 44.00 55.00 35.00 BBL/D/1K [+]
Weapons Sales 2049.00 1785.00 3244.00 12.00 USD Million [+]
Terrorism Index 3.44 1.77 3.44 1.77 [+]
Tourist Arrivals 34970.00 33005.00 34970.00 14347.00 Thousand [+]




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