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.