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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202004

 1.  Overview the trade of GERMANY in goods current year until 202004

According to Dalian Infobank, in 202004GERMANY's exports and imports of goods amounted to 160621.6536 million, and were down 29.30% comparing with the same period of last year. Among these, exports were down 33.62% at 82192.1409 million, and imports were down 24.13% at 78429.5126 million. And the corresponding trade surplus was 3762.6283 million and down 81.60%.

During the current year until 202004, GERMANY's total exports and imports of goods were 820361.8922 million and were down 11.61% comparing to the same period of last year. Among these, exports were 440869.7443 million and down 12.85%; imports were 379492.1479 million and down 10.13%. The total trade surplus was 61377.5963 million and down 26.63%.

If considering by country (region), NETHERLANDS, UNITED STATES, CHINA, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202004, GERMANY's imports and exports to five countries/territories were 78924.7664 million, 59450.0121 million, 59164.4880 million, 55270.3864 million, 45177.0661 million. These values correspond to 9.62%, 7.25%, 7.21%, 6.74%, 5.51% of GERMANY's imports and exports, and, respectively, were down 8.48%, down 8.46%, down 9.25%, down 19.81%, down 5.22% comparing to the same period of last year.

Current year until 202004, 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 202004, GERMANY's exports to these five countries/territories were 38675.8817 million, 33262.1774 million, 31637.5506 million, 28575.2275 million, 25163.8856 million. These values correspond to 8.77%, 7.54%, 7.18%, 6.48%, 5.71% of GERMANY's exports and, respectively, were down 12.97%, down 20.84%, down 12.30%, down 10.98%, down 21.59% comparing with the same period of last year.

Current year until 202004, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, POLAND, FRANCE, BELGIUM are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202004, GERMANY's imports from these five countries/territories were 50349.5390 million, 27526.9373 million, 22117.2327 million, 22008.2089 million, 21097.3107 million. These values correspond to 13.27%, 7.25%, 5.83%, 5.80%, 5.56% of GERMANY's total imports and, respectively, were down 6.99%, down 5.46%, down 6.32%, down 18.20%, down 17.44% comparing with the same period of last year.

During the current year until 202004, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 17901.7513 million, 11253.9685 million, 9744.8948 million, 5762.2069 million, 5101.4914 million, and down 25.22%, down 25.55%, down 42.15%, down 19.43%, up 1.04%. 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, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF INTRA-EU TRADE at 21774.3115 million, 5361.5372 million, 4470.9587 million, 3387.4118 million, 2091.0123 million, and down 1.18%, down 31.87%, up 57.85%, down 40.03%, up 0.81%.

Current year until 202004, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202004,  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 126314.1505 million, 99511.3266 million, 93281.3144 million, 53511.7002 million, 39552.6956 million, which were down 13.00%, down 26.43%, down 10.97%, up 11.37%, down 22.43% comparing with the same period of last year and account for 15.40%, 12.13%, 11.37%, 6.52%, 4.82% of GERMANY's total imports and exports.

During the current year until 202004, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 76944.1461 million, 63347.0609 million, 48007.9064 million, 31921.6321 million, 23609.5968 million. These values correspond to 17.45%, 14.37%, 10.89%, 7.24%, 5.36% of GERMANY's total exports and, respectively, were down 13.69%, down 28.19%, down 10.11%, up 9.52%, down 8.94% comparing to the same period of last year.

During the current year until 202004, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 49370.0044 million, 45273.4081 million, 36164.2657 million, 29236.3971 million, 21590.0680 million. These values correspond to 13.01%, 11.93%, 9.53%, 7.70%, 5.69% of GERMANY's total exports and, respectively, were down 11.90%, down 11.86%, down 23.13%, down 22.55%, up 14.24% comparing to the same period of last year.


2. Current year until 202004, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202004, GERMANY-China binational exports and imports of goods amounted to 59164.4880 million and were down 9.25% comparing with the same period of last year. Among these, exports from GERMANY to China were 31637.5506 million and down 12.30%, imports from China to GERMANY were 27526.9373 million and down 5.46%. The total binational trade surplus was 4110.6133 million and down 40.92%.

During the urrent year until 202004, commodities with hs2 code, 85, 84, 87, 90, 63, were binational trade's top five traded commodities. They correspond to import and export values of 13238.1317 million, 12624.7637 million, 8175.9614 million, 3822.5787 million, 1853.7762 million and makes up 22.38%, 21.34%, 13.82%, 6.46%, 3.13% of the total binational imports and exports. These values were also down 1.39%, down 12.78%, down 23.11%, down 1.31%, up 340.01% comparing to the same period last year.

During the current year until 202004, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 7486.4383 million, 6651.5003 million, 5782.7908 million, 2788.2228 million, 1245.2741 million. These values account for 23.66%, 21.02%, 18.28%, 8.81%, 3.94% of GERMANY's total exports and were down 23.89%, down 12.01%, up 3.87%, up 0.12%, down 1.72% comparing to the same period of last year.

During the current year until 202004, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 7455.3409 million, 5973.2634 million, 1818.3574 million, 1172.0029 million, 1034.3559 million. These values account for 27.08%, 21.70%, 6.61%, 4.26%, 3.76% of GERMANY's total imports and were down 5.13%, down 13.63%, up 340.35%, down 13.43%, down 4.95% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat