Exports from Germany slumped 31.1 percent from a year earlier to EUR 75.7 billion in April 2020, due to lower sales to the European Union (-34.8 percent), mostly to France (-48.3 percent) and Italy (-40.1 percent). In addition, sales to third countries fell 27 percent, in particular to the UK (-42.1 percent), the US (-35.8 percent) and China (-12.6 percent).
Exports in Germany averaged 32947.55 EUR Million from 1950 until 2020, reaching an all time high of 119746.08 EUR Million in October of 2019 and a record low of 226.39 EUR Million in January of 1950. This page provides - Germany Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Exports - values, historical data and charts - was last updated on July of 2020. source: Federal Statistical Office
Exports in Germany is expected to be 82500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Exports in Germany to stand at 106200.00 in 12 months time. In the long-term, the Germany Exports is projected to trend around 95700.00 EUR Million in 2021 and 100500.00 EUR Million in 2022, according to our econometric models.