1.  Overview the trade of GERMANY in goods current year until 202007

According to Dalian Infobank, in 202007, GERMANY's exports and imports of goods amounted to 212694.5224 million, and were down 9.15% comparing with the same period of last year. Among these, exports were down 9.06% at 117502.2322 million, and imports were down 9.26% at 95192.2902 million. And the corresponding trade surplus was 22309.9419 million and down 8.21%.

During the current year until 202007, GERMANY's total exports and imports of goods were 1399211.0875 million and were down 13.38% comparing to the same period of last year. Among these, exports were 754137.9490 million and down 14.59%; imports were 645073.1384 million and down 11.94%. The total trade surplus was 109064.8106 million and down 27.48%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202007, GERMANY's imports and exports to five countries/territories were 133755.4841 million, 112086.7519 million, 97008.4839 million, 94574.7793 million, 78243.9460 million. These values correspond to 9.56%, 8.01%, 6.93%, 6.76%, 5.59% of GERMANY's imports and exports, and, respectively, were down 10.85%, down 1.16%, down 14.99%, down 20.41%, down 6.31% comparing to the same period of last year.

Current year until 202007, 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 202007, GERMANY's exports to these five countries/territories were 64594.2344 million, 59023.4349 million, 57450.3308 million, 49298.4564 million, 40839.4897 million. These values correspond to 8.57%, 7.83%, 7.62%, 6.54%, 5.42% of GERMANY's exports and, respectively, were down 18.19%, down 6.60%, down 20.15%, down 11.02%, down 23.05% comparing with the same period of last year.

Current year until 202007, 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 202007, GERMANY's imports from these five countries/territories were 84457.0277 million, 53063.3170 million, 38941.9793 million, 37124.4485 million, 35873.7999 million. These values correspond to 13.09%, 8.23%, 6.04%, 5.76%, 5.56% of GERMANY's total imports and, respectively, were down 10.76%, up 5.68%, down 4.93%, down 20.79%, down 17.22% comparing with the same period of last year.

During the current year until 202007, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, SWITZERLAND, AUSTRIA at 32179.9850 million, 20325.8823 million, 16692.0053 million, 9696.0357 million, 9646.8009 million, and down 26.52%, down 18.97%, down 38.50%, up 14.08%, down 16.46%. 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 35158.5713 million, 9133.7443 million, 8699.0720 million, 5051.3369 million, 4644.3189 million, and down 10.39%, down 27.53%, up 48.88%, down 38.14%, down 20.24%.

Current year until 202007, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202007,  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 216189.3925 million, 173676.8516 million, 160722.7364 million, 94682.2062 million, 63743.8443 million, which were down 14.50%, down 26.41%, down 11.32%, up 9.41%, down 10.76% comparing with the same period of last year and account for 15.45%, 12.41%, 11.49%, 6.77%, 4.56% of GERMANY's total imports and exports.

During the current year until 202007, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 132732.2180 million, 111071.8682 million, 82296.5087 million, 56401.2702 million, 40210.6448 million. These values correspond to 17.60%, 14.73%, 10.91%, 7.48%, 5.33% of GERMANY's total exports and, respectively, were down 15.50%, down 27.31%, down 11.84%, up 7.13%, down 12.12% comparing to the same period of last year.

During the current year until 202007, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 83457.1746 million, 78426.2276 million, 62604.9834 million, 44709.0964 million, 38280.9360 million. These values correspond to 12.94%, 12.16%, 9.71%, 6.93%, 5.93% of GERMANY's total exports and, respectively, were down 12.86%, down 10.77%, down 24.76%, down 31.16%, up 12.94% comparing to the same period of last year.

2. Current year until 202007, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202007, GERMANY-China binational exports and imports of goods amounted to 112086.7519 million and were down 1.16% comparing with the same period of last year. Among these, exports from GERMANY to China were 59023.4349 million and down 6.60%, imports from China to GERMANY were 53063.3170 million and up 5.68%. The total binational trade surplus was 5960.1179 million and down 54.11%.

During the urrent year until 202007, 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 23893.6530 million, 23281.2603 million, 16503.3458 million, 7223.8642 million, 5661.4087 million and makes up 21.32%, 20.77%, 14.72%, 6.44%, 5.05% of the total binational imports and exports. These values were also up 1.02%, down 7.15%, down 9.02%, up 2.21%, up 661.76% comparing to the same period last year.

During the current year until 202007, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 15277.5615 million, 12361.4626 million, 10331.7184 million, 5207.2149 million, 2501.9997 million. These values account for 25.88%, 20.94%, 17.50%, 8.82%, 4.24% of GERMANY's total exports and were down 8.82%, down 10.96%, up 4.17%, up 1.89%, up 1.72% comparing to the same period of last year.

During the current year until 202007, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 13561.9345 million, 10919.7977 million, 5618.7585 million, 2126.2391 million, 2016.6493 million. These values account for 25.56%, 20.58%, 10.59%, 4.01%, 3.80% of GERMANY's total imports and were down 1.25%, down 2.41%, up 672.49%, down 7.98%, up 3.06% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat