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

Germany reported a EUR 14.8 billion trade surplus in January of 2017, widening from EUR 13.2 billion a year earlier. Yet, it was the smallest surplus since January 2016, as exports rose 11.8 percent year-on-year to EUR 98.9 billion while imports went up 11.7 percent to EUR 84.0 billion. In December 2016, the trade surplus came in at EUR 18.7 billion. On a seasonally adjusted basis, exports rose 2.7 percent from the prior month while imports increased by 3 percent. Balance of Trade in Germany averaged 4799.30 EUR Million from 1950 until 2017, 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)
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 €14.8B €18.7B €14.1B
2017-04-07 06:00 AM Feb €14.8B
2017-05-09 06:00 AM Mar
2017-06-09 06:00 AM Apr




German Trade Surplus Rises In January


Germany reported a EUR 14.8 billion trade surplus in January of 2017, widening from EUR 13.2 billion a year earlier. Yet, it is the highest surplus for a January month since 2015, as exports rose 11.8 percent year-on-year to EUR 98.9 billion while imports went up 11.7 percent to EUR 84.0 billion.

Sales to the European Union increased 8 percent year-on-year to EUR 58.8 billion while imports rose at a faster 11.3 percent to EUR 53.9 billion. Considering the Euro Area only, shipments went up 8.4 percent to EUR 37.1 billion and imports increased 9.3 percent to EUR 36.4 billion. Sales to EU countries outside the Eurozone rose 7.3 percent to EUR 21.7 billion and purchases jumped 15.6 percent to EUR 17.5 billion. 

Outside the European Union, exports surged 17.7 percent to EUR 40.1 billion and imports increased 12.4 percent to EUR 17.5 billion. 

In December of 2016, the trade surplus came in at EUR 18.7 billion.

On a seasonally adjusted basis, exports increased by 2.7 percent from the previous month while imports surged 3 percent. Markets were expecting a 1.85 percent rise for exports and a 0.5 percent gain for imports. 


Destatis | Rida Husna | rida@tradingeconomics.com
3/10/2017 9:07:02 AM



Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 14800.00 18713.78 25751.07 -535.91 EUR Million [+]
Exports 98871.00 97449.55 107944.37 226.39 EUR Million [+]
Imports 84048.00 78735.77 85783.63 346.78 EUR Million [+]
Current Account 12800.00 24800.00 29491.84 -13042.72 EUR Million [+]
External Debt 4774547.00 4785700.00 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 18937.19 25319.37 42704.84 -28680.00 EUR Million [+]
Gold Reserves 3377.94 3377.94 3468.60 3377.94 Tonnes [+]
Crude Oil Production 48.00 47.00 55.00 35.00 BBL/D/1K [+]
Terrorism Index 4.31 3.44 4.31 1.77 [+]
Tourist Arrivals 34970.00 33005.00 34970.00 14347.00 Thousand [+]
Weapons Sales 2049.00 1785.00 3244.00 12.00 USD Million [+]



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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
14800.00 18713.78 25751.07 -535.91 1950 - 2017 EUR Million Monthly
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