1. Overview the trade of GERMANY in goods current year until 202008
According to Dalian Infobank, in 202008, GERMANY's exports and imports of goods amounted to 201922.7074 million, and were down 2.80% comparing with the same period of last year. Among these, exports were down 4.55% at 108083.1225 million, and imports were down 0.70% at 93839.5849 million. And the corresponding trade surplus was 14243.5376 million and down 23.95%.
During the current year until 202008, GERMANY's total exports and imports of goods were 1601217.6550 million and were down 12.17% comparing to the same period of last year. Among these, exports were 862186.3115 million and down 13.46%; imports were 739031.3435 million and down 10.61%. The total trade surplus was 123154.9681 million and down 27.38%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202008, GERMANY's imports and exports to five countries/territories were 152776.1176 million, 128592.4506 million, 111083.7084 million, 107242.7184 million, 90892.9762 million. These values correspond to 9.54%, 8.03%, 6.94%, 6.70%, 5.68% of GERMANY's imports and exports, and, respectively, were down 9.66%, down 0.43%, down 14.48%, down 18.93%, down 4.04% comparing to the same period of last year.
Current year until 202008, 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 202008, GERMANY's exports to these five countries/territories were 73677.5736 million, 67649.6743 million, 65035.0972 million, 56340.4324 million, 47488.7895 million. These values correspond to 8.55%, 7.85%, 7.54%, 6.53%, 5.51% of GERMANY's exports and, respectively, were down 18.01%, down 5.25%, down 18.77%, down 9.53%, down 20.73% comparing with the same period of last year.
Current year until 202008, 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 202008, GERMANY's imports from these five countries/territories were 96435.6852 million, 60942.7763 million, 45308.2217 million, 42207.6212 million, 41634.2058 million. These values correspond to 13.05%, 8.25%, 6.13%, 5.71%, 5.63% of GERMANY's total imports and, respectively, were down 9.73%, up 5.53%, down 1.92%, down 19.18%, down 15.14% comparing with the same period of last year.
During the current year until 202008, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, SWITZERLAND, AUSTRIA at 36271.4387 million, 22827.4760 million, 20149.0301 million, 11487.4806 million, 11486.7968 million, and down 27.22%, down 18.00%, down 33.59%, up 10.46%, down 14.12%. 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 40095.2528 million, 11149.5493 million, 9993.1450 million, 5639.7635 million, 5115.1291 million, and down 10.02%, down 22.36%, up 58.97%, down 36.26%, down 17.83%.
Current year until 202008, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202008, 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 246103.6737 million, 200019.2704 million, 185438.4438 million, 107006.7904 million, 73029.9741 million, which were down 13.77%, down 24.12%, down 9.75%, up 8.96%, down 9.96% comparing with the same period of last year and account for 15.37%, 12.49%, 11.58%, 6.68%, 4.56% of GERMANY's total imports and exports.
During the current year until 202008, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 151317.1680 million, 126786.8163 million, 94793.3023 million, 63823.8221 million, 46058.6813 million. These values correspond to 17.55%, 14.71%, 10.99%, 7.40%, 5.34% of GERMANY's total exports and, respectively, were down 14.92%, down 25.44%, down 10.55%, up 6.18%, down 11.47% comparing to the same period of last year.
During the current year until 202008, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 94786.5057 million, 90645.1414 million, 73232.4541 million, 49949.3836 million, 43182.9683 million. These values correspond to 12.83%, 12.27%, 9.91%, 6.76%, 5.84% of GERMANY's total exports and, respectively, were down 11.87%, down 8.89%, down 21.74%, down 31.81%, up 13.36% comparing to the same period of last year.
2. Current year until 202008, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202008, GERMANY-China binational exports and imports of goods amounted to 128592.4506 million and were down 0.43% comparing with the same period of last year. Among these, exports from GERMANY to China were 67649.6743 million and down 5.25%, imports from China to GERMANY were 60942.7763 million and up 5.53%. The total binational trade surplus was 6706.8980 million and down 50.85%.
During the urrent year until 202008, 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 27720.2046 million, 26680.1262 million, 18806.9430 million, 8313.1038 million, 5968.2135 million and makes up 21.56%, 20.75%, 14.63%, 6.46%, 4.64% of the total binational imports and exports. These values were also up 2.47%, down 5.88%, down 6.38%, up 2.43%, up 591.73% comparing to the same period last year.
During the current year until 202008, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 17392.7745 million, 14195.0473 million, 11895.4036 million, 5971.6751 million, 2932.0809 million. These values account for 25.71%, 20.98%, 17.58%, 8.83%, 4.33% of GERMANY's total exports and were down 6.10%, down 9.98%, up 4.66%, up 1.74%, up 2.15% comparing to the same period of last year.
During the current year until 202008, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 15824.8010 million, 12485.0789 million, 5923.2726 million, 2489.3533 million, 2341.4286 million. These values account for 25.97%, 20.49%, 9.72%, 4.08%, 3.84% of GERMANY's total imports and were up 0.89%, down 0.74%, up 601.52%, down 6.38%, up 4.25% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat