Trade Trend

In 2023, Germany's total export value is 1683.54Billion USD, total import value is 1458.67Billion USD, Surplus is 224.86Billion USD, and foreign trade dependency is 0.705. In 2023，Germany's top export products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(173.65Billion USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(66.11Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(65.46Billion USD), top export destinations are United States(170.01Billion USD), France(125.67Billion USD), Netherlands(118.69Billion USD). In 2023, Germany's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(76.47Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(46.21Billion USD), Petroleum oils and oils obtained from bituminous minerals; crude(44.29Billion USD), top import origins are China(167.71Billion USD), Netherlands(106.61Billion USD), United States(99.25Billion USD).

Comparing to 2022, Germany's total export value increased 38.98Billion USD(2.37%) in 2023, this could result from its export increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(19.42Billion USD or 12.59%), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(6.23Billion USD or 10.51%), Aircraft n.e.c. in heading no. 8801, except unmanned aircraft of heading 8806, (e.g. helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles(4.25Billion USD or 19.28%) and export increases to countries/economics such as United Kingdom(7.94Billion USD or 10.38%), United States(6.51Billion USD or 3.98%), Spain(5.80Billion USD or 11.32%). Comparing to 2022, Germany's total import value decreased -109.54Billion USD(-6.98%) in 2023, this could result from its import decreases of products such as Petroleum gases and other gaseous hydrocarbons(-47.04Billion USD or -60.98%), Petroleum oils and oils obtained from bituminous minerals; crude(-17.61Billion USD or -28.45%), Heterocyclic compounds with nitrogen heteroatom(s) only(-14.89Billion USD or -45.45%), and its import decreases from countries/economies such as None(-48.86Billion USD or -60.04%), China(-32.59Billion USD or -16.27%), Russia(-25.99Billion USD or -87.16%).

Cumulated to first 7 months of 2024, Germany's total export value is 628.00Billion USD, total import value is 510.78Billion USD, and tradesurplus is 117.22Billion USD. Cumulated to first 7 months of 2024, Germany's top export products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(65.66Billion USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(24.83Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(24.52Billion USD), and top export destinations are United States(73.28Billion USD), France(46.49Billion USD), China(43.78Billion USD). Cumulated to first 7 months of 2024, Germany's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(65.66Billion USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(24.83Billion USD), Motor vehicles; parts and accessories, of heading no. 8701 to 8705(24.52Billion USD), and top import origins areChina(61.43Billion USD), United States(39.07Billion USD), Netherlands(34.07Billion USD).