The trade surplus in Germany came in at €18.1 billion in July of 2021, compared with a €19.2 billion surplus a year earlier. Exports jumped 12.4% to €115 billion, with exports to the EU rising 17.1%, to the UK 7.2% and the US 15.7% while sales to China declined 4.3%. Imports rose 16.6% to €96.9 billion, with purchases rising from the EU (18.7%), the UK (15.6%), China (3.9%) and the US (4.1%). Compared with February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany, exports were up 1.6% and imports were 5.9% higher. source: Federal Statistical Office

Balance of Trade in Germany averaged 5634.92 EUR Million from 1950 until 2021, reaching an all time high of 25455.63 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991. This page provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Balance of Trade in Germany is expected to be 17700.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Balance of Trade is projected to trend around 9200.00 EUR Million in 2022 and 7400.00 EUR Million in 2023, according to our econometric models.

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Germany Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
18100.00 16160.92 25455.63 -535.91 1950 - 2021 EUR Million Monthly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-06-09 06:00 AM Apr €15.5B €20.2B €12.5B
2021-07-08 06:00 AM May €12.3B €15.2B €17.4B
2021-08-09 06:00 AM Jun €16.3B €12.5B €16.8B
2021-09-09 06:00 AM Jul €18.1B €16.2B €21.1B
2021-10-08 06:00 AM Aug €18.1B
2021-11-09 07:00 AM Sep € 17.7B
2021-12-09 07:00 AM Oct


News Stream
Germany Trade Surplus Narrows Slightly in July
The trade surplus in Germany came in at €18.1 billion in July of 2021, compared with a €19.2 billion surplus a year earlier. Exports jumped 12.4% to €115 billion, with exports to the EU rising 17.1%, to the UK 7.2% and the US 15.7% while sales to China declined 4.3%. Imports rose 16.6% to €96.9 billion, with purchases rising from the EU (18.7%), the UK (15.6%), China (3.9%) and the US (4.1%). Compared with February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany, exports were up 1.6% and imports were 5.9% higher.
2021-09-09
Germany's Trade Surplus Widens in June
Germany's trade surplus widened to EUR 16.3 billion in June 2021, from EUR 15.4 billion in the same period last year, amid a continued recovery in global demand from the coronavirus-induced crisis. Exports rose 23.6 percent to the highest level since March's record high, boosted by sales to the EU (26.1 percent), the US (39.8 percent), China (16.0 percent), and the UK (11.0 percent). Imports advanced 27.0 percent, also moving towards March's peak, on the back of purchases from the EU (22.1 percent), China (11.1 percent), the US (56.0 percent), and the UK (11.5 percent). Considering the first half of the year, the trade surplus widened to EUR 96.6 billion from EUR 77.0 billion in the same period of 2020.
2021-08-09
Germany Trade Surplus Nearly Doubles
The German trade surplus widened to EUR 12.3 billion in May of 2021 from EUR 7 billion a year earlier. Exports surged 36.4 percent year-on-year to EUR 109.4 billion and imports increased 32.6 percent to EUR 97.1 billion. Exports to the EU countries were up 43.3 percent and imports 38.1 percent, of which exports to the Euro Area 40.2 percent and imports 36.9 percent. Sales to countries outside the European Union increased 28.7 percent, of which China (17.1 percent) and the US (40.7 percent). Imports gained 26.5 percent, namely from the US (32.6 percent) while purchases from China declined 4.4 percent.
2021-07-08
Germany Reports €15.5 Billion Trade Surplus in April
The German trade surplus rose sharply to EUR 15.5 billion in April of 2021 from EUR 3.5 billion a year earlier as exports jumped 47.7% to EUR 111.8 billion and imports surged 33.2% to EUR 96.3 billion mostly due to base effects as the volumes of foreign trade last year were very low. Sales to the Euro Area were up 59.8% and to countries outside the EU rose 36.5%, namely the UK (64.1%), China (16%) and the US (59.9%). Imports from the Euro Area increased 40.5% while from China was up 13.3%. After calendar and seasonal adjustment, exports were 0.5% lower and imports 5.5% higher than in February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany.
2021-06-09

Germany Balance of Trade
Germany runs regular trade surpluses since 1952, primarily due to strong exports of vehicles and other machinery. In 2017, the largest trade surpluses were recorded with the US, the UK, France, Austria, Spain, Sweden and the UAE; while the biggest trade deficits were recorded with China, Vietnam, Norway, Russia, the Netherlands, Ireland and Czech Republic.