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

Germany posted a new record high of surplus at EUR 252.9 billion in 2016, surpassing the previous high of EUR 244.3 billion in 2015, as exports rose more than imports. In December 2016 alone, trade surplus was recorded at EUR 18.7 billion, compared to EUR 18.4 billion surplus a year earlier, as sales rose less than imports. Balance of Trade in Germany averaged 4787.79 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)
2016-12-09 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 €18.7B €22.7B €19.5B
2017-03-10 07:00 AM Jan €18.7B
2017-04-07 06:00 AM Feb
2017-05-09 06:00 AM Mar




German 2016 Trade Surplus Hits Fresh Record High


Germany posted a new record high of surplus at EUR 252.9 billion in 2016, surpassing the previous high of EUR 244.3 billion in 2015, as exports rose more than imports. In December 2016 alone, trade surplus was recorded at EUR 18.7 billion, compared to EUR 18.4 billion surplus a year earlier.

In 2016, German exports increased by 1.2 percent compared to a year earlier to EUR 1,207.5 billion while imports went up 0.6 percent to EUR 954.6 million. Exports and imports in 2016 exceeded the previous record highs of 2015, when goods to the value of  EUR 1,193.6 billion had been exported and goods to the value of  EUR 949.2 billion had been imported. 

From January to December 2016, Germany exported goods to the value of EUR 707.9 billion to the Member States of the European Union (EU), while it imported goods to the value of EUR 632.5 billion from those countries. Compared with 2015, exports to the EU countries increased by 2.2 percent while imports from those countries by 1.8 percent. Goods to the value of EUR 441.8 billion (+1.8 percent) were dispatched to the Euro area countries in 2016, while the value of the goods received from those countries was EUR 428.9 billion (+0.7 percent). In 2016, goods to the value of EUR 266.1 billion (+2.8 percent) were exported to EU countries not belonging to the Euro area, while the value of the goods imported from those countries was EUR 203.6 billion (+4.1 percent). 

Exports of goods to countries outside the European Union (third countries) amounted to EUR 499.6 billion in 2016, while imports from those countries totalled EUR 322.1 billion. Compared with 2015, exports to third countries decreased by 0.2 percent and imports from those countries by 1.7 percent.

In December 2016, sales rose 6.3 percent from a year earlier to EUR 97.4 billion while imports increased by 7.4 percent to EUR 78.7 billion. After calendar and seasonal adjustment, exports declined by 3.3 percent on November 2016, while imports remained unchanged compared with the previous month.

Destatis l Rida Husna | rida@tradingeconomics.com
2/9/2017 8:29:58 AM



Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 18700.00 22704.68 25751.07 -535.91 EUR Million [+]
Exports 97400.00 108488.31 108488.31 226.39 EUR Million [+]
Imports 78700.00 85783.63 85783.63 346.78 EUR Million [+]
Current Account 24000.00 24592.89 29491.84 -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 -7642.92 6612.71 141351.68 -32189.54 EUR Million [+]
Capital Flows 25319.37 30426.88 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
18700.00 22704.68 25751.07 -535.91 1950 - 2016 EUR Million Monthly
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