Germany Balance of Trade 1950-2015 | Data | Chart | Calendar | Forecast

Germany recorded a trade surplus of 24038 EUR Million in June of 2015. Balance of Trade in Germany averaged 4418.74 EUR Million from 1950 until 2015, reaching an all time high of 24038 EUR Million in June of 2015 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
24038.00 19522.00 24038.00 -535.91 1950 - 2015 EUR Million Monthly
NSA
Germany runs regular trade surpluses since 1952, primarily due to strong exports of cars and other machinery. Germany also exports: chemical products, hardware, electronic equipment, metals and pharmaceuticals. Germany main imports are fuel, vehicle parts and metals and electronic devices. Main trading partners are Netherlands, France, the United Kingdom, China and the United States. In recent years, the biggest trade deficits were recorded with Netherlands, Norway, China, Russia and Vietnam. Germany records trade surpluses with the United States, France, the United Kingdom, Austria and United Arab Emirates. 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, August 31, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-06-08 07:00 AM Apr €22.1B €23.1B(R) € 20B
2015-07-09 07:00 AM May €19.6B €21.9B(R) €21B € 18.8B
2015-08-07 07:00 AM Jun €24.0B €19.5B(R) € 18B
2015-09-08 07:00 AM Jul €24.0B € 21.8B
2015-10-08 07:00 AM Aug € 21.6B
2015-11-09 07:00 AM Sep € 21.4B


German Trade Surplus Hits Record High in June


Germany posted a €24.0 billion trade surplus in June 2015, up from €16.2 billion a year earlier and well above market forecasts. It is the highest surplus on record, as exports surged by 13.7 percent year-on-year and imports grew by 6.4 percent.

In June, the country exported goods to the value of € 105.9 billion and imported goods to the value of €81.9 billion. 

Germany dispatched goods to the value of €61.5 billion (+12.2 percent year-on-year) to the Member States of the European Union, while it received goods to the value of € 53.7 billion (+5.1 percent) from those countries. Goods to the value of € 38.9 billion (+11.0 percent) were dispatched to the Euro area countries in June 0f 2015, while the value of the goods received from those countries was €36.9 billion (+3.6 percent). Sales to EU countries not belonging to the Euro area increased by 14.2 percent to €22.6 billion while the value of the goods which arrived from those countries was 16.8 billion euros (+8.4 percent).

Exports to countries outside the European Union amounted to €44.5 billion in June 2015 (+15.8 percent), while imports from those countries totaled €28.2 billion (+8.9 percent). 

In May 2015, Germany posted a revised €19.5 billion trade surplus, following a €21.9 billion surplus in April.

In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 22.0 billion euros in June 2015. Month-on-month, after calendar and seasonal adjustment, exports fell by 1.0 percent while imports declined by by 0.5 percent. 


Destatis l Rida Husna l rida@tradingeconomics.com
8/7/2015 8:49:24 AM


Recent Releases

German Trade Surplus Widens in May
Germany posted a €19.6 billion trade surplus in May 2015, up from €17.5 billion a year earlier, as exports grew by 4.6 percent year-on-year while imports increased by 3.0 percent.
Published on 2015-07-09

German Trade Surplus Increases in April
Germany posted a €22.1 billion trade surplus in April 2015, up from €17.3 billion a year earlier and beating market forecasts, as exports grew by 7.5 percent year-on-year while imports increased by 2.8 percent.
Published on 2015-06-08

German Trade Surplus Increases in March
Germany posted a €23.0 billion trade surplus in March 2015, up from €16.8 billion a year earlier and the largest since July 2014, as exports grew by 12.4 percent year-on-year while imports increased by 7.1 percent.
Published on 2015-05-08

German Trade Surplus Widens in February
Germany posted a €19.2 billion trade surplus in February 2015, up from €16.2 billion a year earlier, as exports grew faster than imports.
Published on 2015-04-09


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 24038.00 19522.00 24038.00 -535.91 EUR Million [+]
Exports 105934.00 95862.00 107652.00 226.39 EUR Million [+]
Imports 81896.00 76340.00 84567.30 346.78 EUR Million [+]
Current Account 24400.00 11800.00 27345.10 -9353.22 EUR Million [+]
Current Account to GDP 7.60 6.50 7.60 -1.70 percent [+]
External Debt 4942767.00 4605224.00 4942767.00 1929687.00 EUR Million [+]
Foreign Direct Investment 8977.00 12535.00 140457.80 -31502.04 EUR Million [+]
Remittances -881.00 -881.00 -601.00 -1228.00 EUR Million [+]
Capital Flows 22992.00 24200.00 43119.64 -33483.10 EUR Million [+]
Gold Reserves 3383.41 3384.19 3468.60 3383.41 Tonnes [+]
Crude Oil Production 46.00 46.00 55.29 35.00 BBL/D/1K [+]
Tourist Arrivals 32999.00 31545.00 32999.00 14347.00 Thousand [+]


Balance of Trade Reference Previous Highest Lowest Unit
Australia -2933.00 Jun/15 -2677.00 2254.00 -4156.00 AUD Million [+]
Brazil 2379.00 Jul/15 4527.00 5659.37 -4058.14 USD Million [+]
Canada -476.00 Jun/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 430.25 Jul/15 465.36 606.19 -319.71 USD Hundred Million [+]
Euro Area 26368.70 Jun/15 18800.00 26368.70 -16748.10 EUR Million [+]
France -2658.00 Jun/15 -3999.00 2674.00 -7086.00 EUR Million [+]
Germany 24038.00 Jun/15 19522.00 24038.00 -535.91 EUR Million [+]
India -12812.46 Jul/15 -10830.00 258.90 -20210.90 USD Million [+]
Indonesia 1330.00 Jul/15 528.00 4641.92 -2329.13 USD Million [+]
Italy 2808.95 Jun/15 4140.00 6923.00 -6389.30 EUR Million [+]
Japan -268.06 Jul/15 -69.00 1608.67 -2795.04 JPY Billion [+]
Mexico -2267.00 Jul/15 -749.00 1710.25 -3292.30 USD Million [+]
Netherlands 4760.00 Jun/15 3280.00 6211.40 -907.60 EUR Million [+]
Russia 11228.00 Jul/15 13775.00 20356.00 -185.00 USD Million [+]
South Korea 7760.00 Jul/15 9980.00 9980.00 -4043.45 USD Million [+]
Spain -2046007.00 Jun/15 -1657308.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3741.00 Jul/15 3509.00 3894.91 -1478.68 CHF million [+]
Turkey -6205.89 Jun/15 -6753.00 24.51 -10453.06 USD Million [+]
United Kingdom -1601.00 Jun/15 -885.00 2946.00 -5397.00 GBP Million [+]
United States -43840.00 Jun/15 -40940.00 1946.00 -67823.00 USD Million [+]