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

Germany recorded a trade surplus of 19600 EUR Million in May of 2015. Balance of Trade in Germany averaged 4393.92 EUR Million from 1950 until 2015, reaching an all time high of 23468.80 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
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Actual Previous Highest Lowest Dates Unit Frequency
19600.00 21900.00 23468.80 -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 3, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-08 07:00 AM Mar € 23.0B € 19.2B € 19.7B € 17B
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 €19.6B € 19.2B
2015-09-08 07:00 AM Jul € 19.3B
2015-10-08 07:00 AM Aug € 18.7B


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.

In May, the country exported goods to the value of € 95.9 billion and imported goods to the value of €76.3 billion. Month-on-month, after calendar and seasonal adjustment, exports increased by 1.7 percent while imports rose by 0.4 percent. 

Germany dispatched goods to the value of €56.5 billion (+6.2 percent year-on-year) to the Member States of the European Union, while it received goods to the value of € 51.0 billion (+5.2 percent) from those countries. Goods to the value of € 35.6 billion (+5.1 percent) were dispatched to the Euro area countries in May 0f 2015, while the value of the goods received from those countries was €35.1 billion (+5.5 percent). Sales to EU countries not belonging to the Euro area increased by 8.2 percent to €20.8 billion while the value of the goods which arrived from those countries was 15.9 billion euros (+4.6 percent).

Exports to countries outside the European Union amounted to €20.8 billion in May 2015 (+8.2 percent), while imports from those countries totaled €15.9 billion (+4.6 percent). Exports of goods to countries outside the European Union (third countries) amounted to €39.4 billion (+2.3 percent) in May 2015, while imports from those countries totalled €25.3 billion (-1.3 percent).  

In April 2015, Germany posted a revised €21.9 billion trade surplus, following a €23.1 billion surplus in March.

Destatis l Rida Husna l rida@tradingeconomics.com
7/9/2015 10:59:07 AM


Recent Releases

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

German Trade Surplus at €15.9 Billion in January
Germany posted a €15.9 billion trade surplus in January 2015, up from €14.7 billion a year earlier, but down 19 percent from €18.9 billion reported in December.
Published on 2015-03-09


Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 19600.00 21900.00 23468.80 -535.91 EUR Million [+]
Exports 95862.00 100485.00 107652.00 226.39 EUR Million [+]
Imports 76340.00 78646.50 84567.30 346.78 EUR Million [+]
Current Account 11100.00 21200.00 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 3991.00 -3277.00 140457.80 -31502.04 EUR Million [+]
Remittances -881.00 -863.00 -601.00 -1228.00 EUR Million [+]
Capital Flows 24200.00 31900.00 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 -2751.00 May/15 -4136.00 2254.00 -4136.00 AUD Million [+]
Brazil 4527.00 Jun/15 2761.00 5659.37 -4058.14 USD Million [+]
Canada -3339.60 May/15 -2992.00 8524.80 -3853.00 CAD Million [+]
China 465.36 Jun/15 588.67 606.19 -319.71 USD Hundred Million [+]
Euro Area 18800.00 May/15 24941.50 24941.50 -16748.10 EUR Million [+]
France -4020.00 May/15 -3310.00 2674.00 -7086.00 EUR Million [+]
Germany 19600.00 May/15 21900.00 23468.80 -535.91 EUR Million [+]
India -10830.00 Jun/15 -10406.20 258.90 -20210.90 USD Million [+]
Indonesia 477.00 Jun/15 1076.60 4641.92 -2329.13 USD Million [+]
Italy 4184.00 May/15 3728.00 6923.00 -6389.30 EUR Million [+]
Japan -69.00 Jun/15 -217.18 1608.67 -2795.04 JPY Billion [+]
Mexico -749.00 Jun/15 -1017.00 1710.25 -3292.30 USD Million [+]
Netherlands 3191.00 May/15 5434.70 6211.40 -907.60 EUR Million [+]
Russia 13700.00 Jun/15 15309.00 20356.00 -185.00 USD Million [+]
South Korea 7760.00 Jul/15 9980.00 9980.00 -4043.45 USD Million [+]
Spain -1657308.00 May/15 -2253100.00 634935.00 -9834766.00 EUR Thousand [+]
Switzerland 3578.49 Jun/15 3408.61 3894.91 -1478.68 CHF million [+]
Turkey -6205.89 Jun/15 -6753.00 24.51 -10453.06 USD Million [+]
United Kingdom -393.00 May/15 -1834.00 2946.00 -5397.00 GBP Million [+]
United States -41871.00 May/15 -40698.00 1946.00 -67823.00 USD Million [+]