Germany Posts Record Trade Surplus in 2013


In 2013, Germany’s foreign trade surplus reached € 198.9 billion. This was the highest value recorded since the beginning of compiling foreign trade statistics. In 2012, the surplus amounted to € 189.8 billion. The highest surplus recorded so far was 195.3 billion euros in 2007.

In 2013, exports dropped by 0.2 percent over 2012 to  € 1.09 trillion and imports fell 1.2 percent to € 895 billion.

Shipments to the EU amounted to € 623.5 billion, while purchases from the EU countries reached € 577.6 billion. Compared with 2012, dispatches to the EU countries increased by 0.1 percent and arrivals from those countries by 0.8 percent. Goods worth € 401.9 billion euros (–1.2 percent) were dispatched to the Euro area countries in 2013, while the value of the goods received from those countries was 401.2 billion euros (–0.2 percent). 

Exports of goods to countries outside the European Union amounted to € 470.4 billion, while imports from those countries totaled € 317.4 billion. Compared with 2012, exports to third countries decreased by 0.5 percent and imports from those countries by 4.6 percent.

In December of 2013, Germany’s non-seasonally adjusted trade surplus narrowed sharply to € 14.2 billion, as exports fell 13.2 percent over November to € 82.2 billion. Imports fell 10 percent on a monthly basis to € 68 billion. Upon calendar and seasonal adjustment, exports decreased by 0.9 percent and imports by 0.6 percent on November 2013.

Germany Posts Record Trade Surplus in 2013


Destatis | Joana Taborda | joana.taborda@tradingeconomics.com
2/7/2014 10:41:53 AM