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

Germany recorded a trade surplus of 23400 EUR Million in July of 2014. Balance of Trade in Germany averaged 4299.73 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.

   
 
 

Germany Balance of Trade


Actual Previous Highest Lowest Dates Unit Frequency
23400.00 16600.00 23400.00 -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 Monday, September 15, 2014.


German Posts Record Trade Surplus in July


German trade surplus widened to € 23.4 billion in July of 2014 from € 16.3 billion a year earlier. It is the highest trade surplus on record, as exports hit its monthly peak.

Germany exported goods to the value of 101.0 billion euros and imported goods to the value of 77.6 billion euros in July 2014. Exports increased by 8.5 percent yoy and imports by 1.0 percent.

In July of 2014, Germany dispatched goods to the value of 56.9 billion euros to the Member States of the European Union (EU), while it received goods to the value of 50.4 billion euros from those countries. Compared with July 2013, dispatches to the EU countries increased by 9.6 percent, and arrivals from those countries by 2.6 percent. Goods to the value of 35.5 billion euros (+6.2%) were dispatched to the Euro area countries in July 2014, while the value of the goods received from those countries was 34.7 billion euros (-0.5 percent). In July 2014, goods to the value of 21.4 billion euros (+15.9 percent) were dispatched to EU countries not belonging to the Euro area, while the value of the goods which arrived from those countries was 15.7 billion euros (+10.3).

Exports of goods to countries outside the European Union (third countries) amounted to 44.1 billion euros in July 2014, while imports from those countries totalled 27.2 billion euros. Compared with July 2013, exports to third countries decreased by 7.2 percent and imports from those countries by 1.8 percent.

In a month-on-month comparison, opposite calendar and seasonally adjusted developments were recorded for exports and imports. While exports rose by 4.7 percent on June 2014, imports went down 1.8 percent. 

DESTATIS l Rida l rida@tradingeconomics.com
9/8/2014 9:24:42 AM


Recent Releases

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. Published on 2014-08-08

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


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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 €23.4B €16.6B (R) € 16.9B
2014-10-09 07:00 AM Germany
Balance of Trade
Aug 2014 €23.4B € 18.3B


Trade Last Previous Highest Lowest Unit
Balance of Trade 23400.00 16600.00 23400.00 -535.91 EUR Million [+]
Exports 101000.00 93500.00 101000.00 226.39 EUR Million [+]
Imports 77600.00 76900.00 80144.32 346.78 EUR Million [+]
Current Account 21700.00 17200.00 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 3384.19 3386.36 3468.60 3384.19 Tonnes [+]
Crude Oil Production 30.00 30.00 55.29 20.00 BBL/D/1K [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -1359.00 Jul/14 -1564.00 2225.00 -3907.00 AUD Million [+]
Brazil 1168.00 Aug/14 1573.96 5659.37 -4058.14 USD Million [+]
Canada 2580.00 Jul/14 1830.00 8524.80 -2902.90 CAD Million [+]
China 498.30 Aug/14 473.01 498.30 -319.71 USD Hundred Million [+]
Euro Area 21200.00 Jul/14 16700.00 21780.80 -16638.00 EUR Million [+]
France -5539.00 Jul/14 -5576.00 2674.00 -7086.00 EUR Million [+]
Germany 23400.00 Jul/14 16600.00 23400.00 -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 3236.30 Jun/14 3717.91 6382.90 -6389.30 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 2724.00 Jul/14 4455.40 4948.70 -907.60 EUR Million [+]
Russia 17068.00 Jul/14 13957.00 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 -3348.00 Jul/14 -2459.00 2946.00 -5269.00 GBP Million [+]
United States -40546.00 Jul/14 -40810.00 1946.00 -67823.00 USD Million [+]





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