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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202010

 1.  Overview the trade of GERMANY in goods current year until 202010

According to Dalian Infobank, in 202010GERMANY's exports and imports of goods amounted to 241547.6989 million, and were up 0.09% comparing with the same period of last year. Among these, exports were down 0.21% at 132430.0718 million, and imports were up 0.46% at 109117.6271 million. And the corresponding trade surplus was 23312.4447 million and down 3.27%.

During the current year until 202010, GERMANY's total exports and imports of goods were 2078264.3934 million and were down 9.34% comparing to the same period of last year. Among these, exports were 1124448.0083 million and down 10.40%; imports were 953816.3851 million and down 8.06%. The total trade surplus was 170631.6233 million and down 21.56%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202010, GERMANY's imports and exports to five countries/territories were 195840.3512 million, 164996.4955 million, 144568.6447 million, 139731.2134 million, 119692.6602 million. These values correspond to 9.42%, 7.94%, 6.96%, 6.72%, 5.76% of GERMANY's imports and exports, and, respectively, were down 7.93%, up 1.81%, down 12.06%, down 16.12%, down 0.63% comparing to the same period of last year.

Current year until 202010, 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 202010, GERMANY's exports to these five countries/territories were 96507.5608 million, 87950.2051 million, 84946.7463 million, 72620.1409 million, 62714.5995 million. These values correspond to 8.58%, 7.82%, 7.55%, 6.46%, 5.58% of GERMANY's exports and, respectively, were down 14.77%, down 1.66%, down 15.82%, down 7.25%, down 17.51% comparing with the same period of last year.

Current year until 202010, 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 202010, GERMANY's imports from these five countries/territories were 123220.2102 million, 77046.2904 million, 59716.1512 million, 54784.4671 million, 52821.0733 million. These values correspond to 12.92%, 8.08%, 6.26%, 5.74%, 5.54% of GERMANY's total imports and, respectively, were down 8.33%, up 6.08%, up 1.57%, down 16.58%, down 12.44% comparing with the same period of last year.

During the current year until 202010, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 48446.4768 million, 30162.2792 million, 27986.8877 million, 15253.9851 million, 14281.8815 million, and down 21.93%, down 14.42%, down 27.51%, down 9.29%, up 5.51%. And the trade deficits were mainly from NETHERLANDS, IRELAND, BELGIUM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, CZECH REPUBLIC at 50600.0693 million, 12686.9648 million, 12649.6545 million, 7956.0225 million, 7237.4022 million, and down 9.82%, up 58.98%, down 24.69%, down 25.80%, down 9.42%.

Current year until 202010, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202010,  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 316650.3416 million, 273690.1988 million, 242439.4346 million, 135771.0582 million, 94385.1218 million, which were down 11.33%, down 17.74%, down 6.89%, up 8.84%, down 7.79% comparing with the same period of last year and account for 15.24%, 13.17%, 11.67%, 6.53%, 4.54% of GERMANY's total imports and exports.

During the current year until 202010, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 195282.6474 million, 174346.5600 million, 123735.7088 million, 81032.8284 million, 59680.9417 million. These values correspond to 17.37%, 15.51%, 11.00%, 7.21%, 5.31% of GERMANY's total exports and, respectively, were down 12.11%, down 18.66%, down 7.57%, up 6.62%, down 9.11% comparing to the same period of last year.

During the current year until 202010, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 121367.6942 million, 118703.7258 million, 99343.6388 million, 63350.0346 million, 54738.2298 million. These values correspond to 12.72%, 12.45%, 10.42%, 6.64%, 5.74% of GERMANY's total exports and, respectively, were down 10.05%, down 6.17%, down 16.06%, down 29.33%, up 12.29% comparing to the same period of last year.


2. Current year until 202010, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202010, GERMANY-China binational exports and imports of goods amounted to 164996.4955 million and were up 1.81% comparing with the same period of last year. Among these, exports from GERMANY to China were 87950.2051 million and down 1.66%, imports from China to GERMANY were 77046.2904 million and up 6.08%. The total binational trade surplus was 10903.9146 million and down 35.11%.

During the urrent year until 202010, 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 35731.8488 million, 34175.6037 million, 25001.9938 million, 10698.8158 million, 6525.3404 million and makes up 21.66%, 20.71%, 15.15%, 6.48%, 3.95% of the total binational imports and exports. These values were also up 3.58%, down 2.61%, down 1.20%, up 4.15%, up 502.72% comparing to the same period last year.

During the current year until 202010, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 23183.7988 million, 18301.1876 million, 15313.0453 million, 7708.4860 million, 3649.5537 million. These values account for 26.36%, 20.81%, 17.41%, 8.76%, 4.15% of GERMANY's total exports and were down 0.84%, down 6.44%, up 6.04%, up 3.58%, up 3.73% comparing to the same period of last year.

During the current year until 202010, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 20418.8034 million, 15874.4162 million, 6473.0708 million, 3282.6011 million, 2990.3298 million. These values account for 26.50%, 20.60%, 8.40%, 4.26%, 3.88% of GERMANY's total imports and were up 1.81%, up 2.22%, up 511.83%, down 1.19%, up 5.65% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat