Germany Balance of Trade

Germany recorded a trade surplus of 18.80 EUR Billion in March of 2013. Balance of Trade in Germany is reported by the German Federal Statistical Office. Historically, from 1971 until 2013, Germany Balance of Trade averaged 5.77 EUR Billion reaching an all time high of 20.10 EUR Billion in June of 2008 and a record low of -0.50 EUR Billion in January of 1981. 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 includes a chart with historical data for Germany Balance of Trade.

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Germany Balance of Trade
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Germany Trade Surplus Widens Again in March
Destatis | Nuno Fontes | nuno@tradingeconomics.com  |  5/10/2013 8:53:16 AM


Germany exports amounted to € 94.6 billion and imports to € 75.8 billion in March 2013. German exports decreased by 4.2 percent and imports by 6.9 percent in March 2013 on March 2012. Upon calendar and seasonal adjustment, exports increased by 0.5 percent and imports by 0.8 percent compared with February 2013.

The foreign trade balance showed a surplus of 18.8 billion euros in March 2013. In March 2012, the surplus had amounted to 17.4 billion euros. In calendar and seasonally adjusted terms, the foreign trade balance recorded a surplus of 17.6 billion euros in March 2013. 
 
In March 2013, Germany dispatched commodities totalling € 53.8 billion to the Member States of the European Union, while it received commodities worth € 50.4 billion from those countries. Compared with March 2012, dispatches to the EU countries decreased by 5.4 percent and arrivals from those countries by 3.7 percent. 
 
A total of € 35.3 billion in goods (-7.0 percent) was dispatched to Euro area countries in March 2013, while the value of the commodities received from those countries was € 35.5 billion (-4.6 percent). In March 2013, commodities valued in € 18.5 billion (-2.2 percent) were dispatched to EU countries not belonging to the Euro area, while the value of the commodities which arrived from those countries was 15.0 billion euros (-1.5 percent). 
 
Exports of commodities to countries outside the European Union amounted to € 40.8 billion in March 2013, while imports from those countries totalled € 25.3 billion. Compared with March 2012, exports to third countries decreased by 2.6 percent and imports from those countries by 12.8 percent.

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Germany Trade Surplus Widens in February Germany exports amounted to € 88.7 billion and imports to € 71.9 billion in February 2013. German exports decreased by 2.8 percent and imports by 5.9 percent in February 2013 on February 2012. Upon calendar and seasonal adjustment, exports decreased by 1.5 percent and imports by 3.8 percent compared with January 2013. 2013-04-09
Germany Trade Surplus Widens in November The Federal Statistical Office reported on the basis of provisional data that German exports in November 2012 were unchanged on November 2011 and that imports were down by 1.2%. After calendar and seasonal adjustment, exports decreased by 3.4% and imports by 3.7% compared with October 2012. 2013-01-08
Germany Trade Surplus Widens in January Germany exported commodities to the value of 88.6 billion euros and imported commodities to the value of 74.9 billion euros in January 2013. Based on provisional data, the Federal Statistical Office also reports that German exports increased by 3.1 percent and imports by 2.9 percent in January 2013 on January 2012. 2013-03-11
German Trade Surplus Narrows in October Germany exported commodities worth of 98.5 billion euro and imported commodities to the value of 82.7 billion euro in October 2012. After calendar and seasonal adjustment, exports increased by 0.3% and imports by 2.5% compared with September 2012 according to a report by the Federal Statistical Office. 2012-12-12
Germany Trade Surplus Widens in 2012 Germany exported commodities to the value of 1,097 billion euros and imported commodities to the value of 909 billion euros in 2012. Hence, German exports increased by 3.4 percent and imports by 0.7 percent in 2012 from a year earlier. 2013-02-08



Balance of Trade | Notes

The balance of trade is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and occurs when value of exports is higher than that of imports; a negative balance of trade is known as a trade deficit or a trade gap.






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