1. Overview the trade of GERMANY in goods current year until 202006
According to Dalian Infobank, in 202006, GERMANY's exports and imports of goods amounted to 198934.1301 million, and were down 9.88% comparing with the same period of last year. Among these, exports were down 9.63% at 108330.0621 million, and imports were down 10.17% at 90604.0680 million. And the corresponding trade surplus was 17725.9941 million and down 6.79%.
During the current year until 202006, GERMANY's total exports and imports of goods were 1186516.5651 million and were down 14.10% comparing to the same period of last year. Among these, exports were 636635.7169 million and down 15.53%; imports were 549880.8482 million and down 12.39%. The total trade surplus was 86754.8687 million and down 31.20%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202006, GERMANY's imports and exports to five countries/territories were 114277.3547 million, 93294.6593 million, 81867.2158 million, 80414.9164 million, 65798.6283 million. These values correspond to 9.63%, 7.86%, 6.90%, 6.78%, 5.55% of GERMANY's imports and exports, and, respectively, were down 11.44%, down 2.62%, down 15.10%, down 21.23%, down 8.28% comparing to the same period of last year.
Current year until 202006, GERMANY and the top five trade partners UNITED STATES, CHINA, FRANCE, 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 202006, GERMANY's exports to these five countries/territories were 53898.4353 million, 48947.1970 million, 48633.1894 million, 41933.5881 million, 34551.8653 million. These values correspond to 8.47%, 7.69%, 7.64%, 6.59%, 5.43% of GERMANY's exports and, respectively, were down 18.69%, down 8.31%, down 21.35%, down 12.00%, down 24.96% comparing with the same period of last year.
Current year until 202006, 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 202006, GERMANY's imports from these five countries/territories were 72343.7667 million, 44347.4624 million, 32749.6836 million, 31781.7270 million, 31042.8762 million. These values correspond to 13.16%, 8.06%, 5.96%, 5.78%, 5.65% of GERMANY's total imports and, respectively, were down 11.11%, up 4.54%, down 7.18%, down 21.04%, down 16.73% comparing with the same period of last year.
During the current year until 202006, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 25929.6548 million, 16851.4624 million, 13541.5990 million, 8277.0340 million, 8202.8002 million, and down 28.29%, down 21.93%, down 43.24%, down 18.26%, up 13.66%. 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 30410.1786 million, 8207.9604 million, 7592.3615 million, 4413.0504 million, 3757.7285 million, and down 9.86%, down 23.53%, up 60.34%, down 40.23%, down 26.67%.
Current year until 202006, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202006, commodities with hs2 codes, 84, 87, 85, 30, 90, were GERMANY's top five traded commodities. They correspond to the import and export values of 183094.5783 million, 143660.0098 million, 135566.8835 million, 80079.6805 million, 53905.5597 million, which were down 15.25%, down 29.26%, down 12.44%, up 9.74%, down 11.39% comparing with the same period of last year and account for 15.43%, 12.11%, 11.43%, 6.75%, 4.54% of GERMANY's total imports and exports.
During the current year until 202006, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 111926.2752 million, 91187.4357 million, 69309.9999 million, 47465.1494 million, 33932.4068 million. These values correspond to 17.58%, 14.32%, 10.89%, 7.46%, 5.33% of GERMANY's total exports and, respectively, were down 16.32%, down 30.35%, down 12.76%, up 7.14%, down 12.83% comparing to the same period of last year.
During the current year until 202006, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 71168.3031 million, 66256.8836 million, 52472.5740 million, 38976.7437 million, 32614.5311 million. These values correspond to 12.94%, 12.05%, 9.54%, 7.09%, 5.93% of GERMANY's total exports and, respectively, were down 13.50%, down 12.10%, down 27.28%, down 30.44%, up 13.76% comparing to the same period of last year.
2. Current year until 202006, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202006, GERMANY-China binational exports and imports of goods amounted to 93294.6593 million and were down 2.62% comparing with the same period of last year. Among these, exports from GERMANY to China were 48947.1970 million and down 8.31%, imports from China to GERMANY were 44347.4624 million and up 4.54%. The total binational trade surplus was 4599.7346 million and down 58.04%.
During the urrent year until 202006, 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 20075.8112 million, 19455.4782 million, 13295.1686 million, 5989.4400 million, 4901.9637 million and makes up 21.52%, 20.85%, 14.25%, 6.42%, 5.25% of the total binational imports and exports. These values were also up 0.59%, down 8.73%, down 13.18%, up 0.37%, up 689.08% comparing to the same period last year.
During the current year until 202006, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 12269.3433 million, 10297.5271 million, 8653.5422 million, 4334.4367 million, 2062.5517 million. These values account for 25.07%, 21.04%, 17.68%, 8.86%, 4.21% of GERMANY's total exports and were down 13.17%, down 11.57%, up 4.68%, up 0.05%, up 0.86% comparing to the same period of last year.
During the current year until 202006, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 11422.2690 million, 9157.9512 million, 4861.6114 million, 1745.9377 million, 1655.0033 million. These values account for 25.76%, 20.65%, 10.96%, 3.94%, 3.73% of GERMANY's total imports and were down 2.31%, down 5.33%, up 699.66%, down 10.93%, up 1.22% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat