1.  Overview the trade of GERMANY in goods current year until 202003

According to Dalian Infobank, in 202003, GERMANY's exports and imports of goods amounted to 221977.1050 million, and were down 8.28% comparing with the same period of last year. Among these, exports were down 9.84% at 120660.8062 million, and imports were down 6.36% at 101316.2988 million. And the corresponding trade surplus was 19344.5074 million and down 24.53%.

During the current year until 202003, GERMANY's total exports and imports of goods were 659740.2386 million and were down 5.88% comparing to the same period of last year. Among these, exports were 358677.6034 million and down 6.12%; imports were 301062.6353 million and down 5.58%. The total trade surplus was 57614.9681 million and down 8.84%.

If considering by country (region), NETHERLANDS, UNITED STATES, FRANCE, CHINA, POLAND were GERMANY's top five trading partners. During the current year until 202003, GERMANY's imports and exports to five countries/territories were 62279.8380 million, 47465.4375 million, 46217.4962 million, 43665.6293 million, 36515.7631 million. These values correspond to 9.44%, 7.19%, 7.01%, 6.62%, 5.53% of GERMANY's imports and exports, and, respectively, were down 4.08%, down 2.97%, down 11.01%, down 11.18%, up 1.50% comparing to the same period of last year.

Current year until 202003, GERMANY and the top five trade partners UNITED STATES, FRANCE, CHINA, NETHERLANDS, UNITED KINGDOM are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202003, GERMANY's exports to these five countries/territories were 31871.4324 million, 28054.2572 million, 23793.2856 million, 22534.0256 million, 21628.0842 million. These values correspond to 8.89%, 7.82%, 6.63%, 6.28%, 6.03% of GERMANY's exports and, respectively, were down 4.52%, down 11.34%, down 11.01%, down 6.48%, down 16.30% comparing with the same period of last year.

Current year until 202003, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, FRANCE, POLAND, BELGIUM are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202003, GERMANY's imports from these five countries/territories were 39745.8124 million, 19872.3437 million, 18163.2390 million, 17698.0348 million, 16730.6341 million. These values correspond to 13.20%, 6.60%, 6.03%, 5.88%, 5.56% of GERMANY's total imports and, respectively, were down 2.66%, down 11.38%, down 10.51%, down 0.76%, down 12.37% comparing with the same period of last year.

During the current year until 202003, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, CHINA at 16277.4272 million, 9891.0182 million, 9842.8929 million, 4784.5354 million, 3920.9419 million, and down 8.75%, down 12.83%, down 29.31%, down 11.94%, down 9.10%. And the trade deficits were mainly from NETHERLANDS, BELGIUM, IRELAND, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, CZECH REPUBLIC at 17211.7868 million, 4013.8146 million, 3386.4712 million, 2838.8933 million, 1680.9413 million, and up 2.83%, down 30.51%, up 84.14%, down 37.59%, down 36.53%.

Current year until 202003, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202003,  commodities with hs2 codes, 84, 87, 85, 30, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 100906.1834 million, 89699.2417 million, 74504.1710 million, 40672.3651 million, 33339.0677 million, which were down 7.70%, down 11.54%, down 5.90%, up 11.51%, down 13.82% comparing with the same period of last year and account for 15.29%, 13.60%, 11.29%, 6.16%, 5.05% of GERMANY's total imports and exports.

During the current year until 202003, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 61942.3779 million, 57882.8397 million, 38400.8436 million, 24280.5919 million, 18828.8557 million. These values correspond to 17.27%, 16.14%, 10.71%, 6.77%, 5.25% of GERMANY's total exports and, respectively, were down 7.75%, down 12.70%, down 5.04%, up 10.22%, down 4.36% comparing to the same period of last year.

During the current year until 202003, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 38963.8056 million, 36103.3274 million, 31816.4020 million, 24574.7820 million, 16391.7733 million. These values correspond to 12.94%, 11.99%, 10.57%, 8.16%, 5.44% of GERMANY's total exports and, respectively, were down 7.62%, down 6.81%, down 9.34%, down 14.08%, up 13.48% comparing to the same period of last year.

2. Current year until 202003, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202003, GERMANY-China binational exports and imports of goods amounted to 43665.6293 million and were down 11.18% comparing with the same period of last year. Among these, exports from GERMANY to China were 23793.2856 million and down 11.01%, imports from China to GERMANY were 19872.3437 million and down 11.38%. The total binational trade surplus was 3920.9419 million and down 9.10%.

During the urrent year until 202003, commodities with hs2 code, 85, 84, 87, 90, 39, were binational trade's top five traded commodities. They correspond to import and export values of 9702.2301 million, 9037.2737 million, 6654.0433 million, 2808.5015 million, 1241.5192 million and makes up 22.22%, 20.70%, 15.24%, 6.43%, 2.84% of the total binational imports and exports. These values were also down 3.03%, down 17.07%, down 15.55%, down 3.43%, down 4.73% comparing to the same period last year.

During the current year until 202003, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 6102.2067 million, 4858.9136 million, 4116.7509 million, 2040.4684 million, 924.9113 million. These values account for 25.65%, 20.42%, 17.30%, 8.58%, 3.89% of GERMANY's total exports and were down 15.97%, down 13.33%, down 0.03%, down 2.09%, down 2.27% comparing to the same period of last year.

During the current year until 202003, 85, 84, 94, 90, 29 were GERMANY's top five traded commodities importing from China , with import values of 5585.4791 million, 4178.3601 million, 944.9770 million, 768.0332 million, 649.7029 million. These values account for 28.11%, 21.03%, 4.76%, 3.86%, 3.27% of GERMANY's total imports and were down 5.13%, down 21.03%, down 11.11%, down 6.82%, down 8.48% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat