Germany Balance of Trade  1950-2016 | Data | Chart | Calendar | Forecast

Germany posted a EUR 19.5 billion trade surplus in July of 2016, down from EUR 24.8 billion reported a year earlier. It was the smallest trade surplus since January as exports fell 10.0 percent year-on-year while imports shrank 6.5 percent. In June 2016, trade surplus was marginally revised to EUR 24.7 billion. On a seasonally adjusted basis, exports dropped by 2.6 percent while imports went down 0.7 percent. Balance of Trade in Germany averaged 4693.33 EUR Million from 1950 until 2016, reaching an all time high of 25899 EUR Million in March of 2016 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
19500.00 24700.00 25899.00 -535.91 1950 - 2016 EUR Million Monthly
Current Prices, NSA
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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-07-08 06:00 AM May €21B € 25.7B € 20.9B
2016-08-09 06:00 AM Jun €24.9B €21B € 20.8B
2016-09-09 06:00 AM Jul €19.5B €24.7B € 20.7B
2016-10-10 06:00 AM Aug €19.5B € 20.6B
2016-11-08 07:00 AM Sep € 20.5B
2016-12-09 07:00 AM Oct € 20.2B

German Trade Surplus Smallest in 6 Months


Germany posted a EUR 19.5 billion trade surplus in July of 2016, down from EUR 24.8 billion reported a year earlier. It was the smallest trade surplus since January as exports fell 10.0 percent year-on-year while imports shrank 6.5 percent.

In July, the country exported goods to the value of EUR 96.4 billion, while imported goods to the value of EUR 76.9 billion.

Germany exported goods to the value of EUR 56.3 billion (-7.0 percent year-on-year) to the Member States of the European Union, while it imported goods to the value of EUR 51.3 billion (-4.5 percent) from those countries. Goods to the value of EUR 35.5 billion (-6.0 percent) were dispatched to the Euro area countries while the value of the goods received from those countries was EUR 35.4 billion (-4.4 percent). Sales to EU countries not belonging to the Euro area decreased by 8.8 percent to EUR 20.8 billion while the value of the goods which arrived from those countries was EUR 15.9 billion (-4.8 percent). Exports to countries outside the European Union amounted to  EUR 40.1 billion in July 2016 (-13.8 percent), while imports from those countries totaled EUR 25.6 billion (-10.1 percent). 

In June 2016, trade surplus was marginally revised to EUR 24.7 billion

On a seasonally adjusted basis, exports dropped by 2.6 percent while imports  0.7 percent.

Destatis l Rida Husna | rida@tradingeconomics.com
9/9/2016 7:32:39 AM

Germany Trade Last Previous Highest Lowest Unit
Balance of Trade 19500.00 24700.00 25899.00 -535.91 EUR Million [+]
Exports 96400.00 106800.00 107492.03 226.39 EUR Million [+]
Imports 76900.00 81967.00 84515.35 346.78 EUR Million [+]
Current Account 18600.00 26300.00 29893.50 -9353.22 EUR Million [+]
External Debt 4678255.00 4515636.00 4942767.00 1929687.00 EUR Million [+]
Current Account to GDP 8.80 6.50 7.60 -1.70 percent [+]
Foreign Direct Investment -4974.18 22892.76 141351.68 -32189.54 EUR Million [+]
Capital Flows 15025.85 17987.26 43933.72 -28680.00 EUR Million [+]
Gold Reserves 3378.25 3380.98 3468.60 3378.25 Tonnes [+]
Crude Oil Production 44.00 44.00 55.00 35.00 BBL/D/1K [+]
Weapons Sales 2049.00 1785.00 3244.00 12.00 USD Million [+]
Terrorism Index 3.44 1.77 3.44 1.77 [+]
Tourist Arrivals 34970.00 33005.00 34970.00 14347.00 Thousand [+]




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