1. Overview the trade of GERMANY in goods current year until 202005
According to Dalian Infobank, in 202005, GERMANY's exports and imports of goods amounted to 167220.5427 million, and were down 28.06% comparing with the same period of last year. Among these, exports were down 31.65% at 87435.9105 million, and imports were down 23.65% at 79784.6322 million. And the corresponding trade surplus was 7651.2782 million and down 67.34%.
During the current year until 202005, GERMANY's total exports and imports of goods were 987582.4349 million and were down 14.91% comparing to the same period of last year. Among these, exports were 528305.6547 million and down 16.65%; imports were 459276.7802 million and down 12.81%. The total trade surplus was 69028.8745 million and down 35.53%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202005, GERMANY's imports and exports to five countries/territories were 95696.3485 million, 75912.2515 million, 70031.5664 million, 66423.3759 million, 54542.7196 million. These values correspond to 9.69%, 7.69%, 7.09%, 6.73%, 5.52% of GERMANY's imports and exports, and, respectively, were down 11.32%, down 6.55%, down 14.17%, down 22.45%, down 8.80% comparing to the same period of last year.
Current year until 202005, 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 202005, GERMANY's exports to these five countries/territories were 45693.3406 million, 39918.0935 million, 39464.4181 million, 34700.4216 million, 28903.1370 million. These values correspond to 8.65%, 7.56%, 7.47%, 6.57%, 5.47% of GERMANY's exports and, respectively, were down 18.23%, down 23.30%, down 12.77%, down 13.27%, down 26.50% comparing with the same period of last year.
Current year until 202005, 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 202005, GERMANY's imports from these five countries/territories were 60995.9270 million, 36447.8334 million, 27008.8935 million, 26505.2825 million, 25625.9588 million. These values correspond to 13.28%, 7.94%, 5.88%, 5.77%, 5.58% of GERMANY's total imports and, respectively, were down 10.18%, up 1.26%, down 8.37%, down 21.13%, down 17.69% comparing with the same period of last year.
During the current year until 202005, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 21355.1148 million, 13412.8110 million, 10893.2329 million, 7004.1510 million, 6332.5052 million, and down 29.19%, down 27.24%, down 47.70%, down 19.91%, up 3.43%. 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 26295.5054 million, 6887.8133 million, 5868.8256 million, 3926.1576 million, 2705.3172 million, and down 5.75%, down 23.08%, up 49.18%, down 40.32%, down 38.08%.
Current year until 202005, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202005, 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 152167.1341 million, 115938.8313 million, 112582.6644 million, 66397.4402 million, 45683.7410 million, which were down 16.18%, down 32.13%, down 13.70%, up 10.45%, down 28.22% comparing with the same period of last year and account for 15.41%, 11.74%, 11.40%, 6.72%, 4.63% of GERMANY's total imports and exports.
During the current year until 202005, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 92696.4470 million, 73523.5930 million, 57682.2803 million, 39378.0600 million, 28275.7028 million. These values correspond to 17.55%, 13.92%, 10.92%, 7.45%, 5.35% of GERMANY's total exports and, respectively, were down 17.32%, down 33.83%, down 13.52%, up 7.96%, down 13.23% comparing to the same period of last year.
During the current year until 202005, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 59470.6871 million, 54900.3842 million, 42415.2384 million, 33833.7496 million, 27019.3802 million. These values correspond to 12.95%, 11.95%, 9.24%, 7.37%, 5.88% of GERMANY's total exports and, respectively, were down 14.35%, down 13.89%, down 28.98%, down 28.11%, up 14.30% comparing to the same period of last year.
2. Current year until 202005, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202005, GERMANY-China binational exports and imports of goods amounted to 75912.2515 million and were down 6.55% comparing with the same period of last year. Among these, exports from GERMANY to China were 39464.4181 million and down 12.77%, imports from China to GERMANY were 36447.8334 million and up 1.26%. The total binational trade surplus was 3016.5847 million and down 67.37%.
During the urrent year until 202005, 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 16551.0992 million, 15950.8471 million, 10073.4341 million, 4820.2143 million, 4056.6603 million and makes up 21.80%, 21.01%, 13.27%, 6.35%, 5.34% of the total binational imports and exports. These values were also down 1.93%, down 11.59%, down 23.41%, down 2.18%, up 669.75% comparing to the same period last year.
During the current year until 202005, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 9223.1024 million, 8450.6711 million, 7152.5033 million, 3500.3875 million, 1666.8787 million. These values account for 23.37%, 21.41%, 18.12%, 8.87%, 4.22% of GERMANY's total exports and were down 24.08%, down 12.91%, up 2.22%, down 1.54%, down 3.29% comparing to the same period of last year.
During the current year until 202005, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 9398.5959 million, 7500.1760 million, 4019.2639 million, 1457.3776 million, 1319.8268 million. These values account for 25.79%, 20.58%, 11.03%, 4.00%, 3.62% of GERMANY's total imports and were down 4.87%, down 10.07%, up 679.55%, down 12.90%, down 3.84% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat