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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202011

 1.  Overview the trade of GERMANY in goods current year until 202011

According to Dalian Infobank, in 202011GERMANY's exports and imports of goods amounted to 245320.6621 million, and were up 6.74% comparing with the same period of last year. Among these, exports were up 5.94% at 132742.6130 million, and imports were up 7.69% at 112578.0491 million. And the corresponding trade surplus was 20164.5639 million and down 2.87%.

During the current year until 202011, GERMANY's total exports and imports of goods were 2323585.0555 million and were down 7.88% comparing to the same period of last year. Among these, exports were 1257190.6214 million and down 8.92%; imports were 1066394.4342 million and down 6.62%. The total trade surplus was 190796.1872 million and down 19.93%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202011, GERMANY's imports and exports to five countries/territories were 218196.1546 million, 184517.5832 million, 161126.6481 million, 157072.3988 million, 134932.0438 million. These values correspond to 9.39%, 7.94%, 6.93%, 6.76%, 5.81% of GERMANY's imports and exports, and, respectively, were down 6.83%, up 3.40%, down 10.65%, down 14.36%, up 0.87% comparing to the same period of last year.

Current year until 202011, 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 202011, GERMANY's exports to these five countries/territories were 107902.9955 million, 99087.0653 million, 94959.8542 million, 80977.7745 million, 70352.4134 million. These values correspond to 8.58%, 7.88%, 7.55%, 6.44%, 5.60% of GERMANY's exports and, respectively, were down 13.16%, up 0.60%, down 14.61%, down 5.81%, down 14.94% comparing with the same period of last year.

Current year until 202011, 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 202011, GERMANY's imports from these five countries/territories were 137218.3800 million, 85430.5179 million, 67539.1489 million, 62112.5446 million, 58364.5036 million. These values correspond to 12.87%, 8.01%, 6.33%, 5.82%, 5.47% of GERMANY's total imports and, respectively, were down 7.42%, up 6.85%, up 3.18%, down 13.98%, down 11.65% comparing with the same period of last year.

During the current year until 202011, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 54679.3429 million, 32847.3096 million, 31497.6978 million, 16841.9723 million, 16005.4603 million, and down 19.81%, down 15.78%, down 24.18%, down 8.45%, up 8.37%. 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 56240.6055 million, 13760.9124 million, 13508.2213 million, 9159.9595 million, 8959.8406 million, and down 9.64%, up 51.44%, down 26.00%, down 24.40%, up 4.04%.

Current year until 202011, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202011,  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 353704.5015 million, 310450.3844 million, 273395.8712 million, 150872.1568 million, 105587.6809 million, which were down 9.94%, down 15.07%, down 5.03%, up 9.65%, down 6.49% comparing with the same period of last year and account for 15.22%, 13.36%, 11.77%, 6.49%, 4.54% of GERMANY's total imports and exports.

During the current year until 202011, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 217934.9570 million, 197341.8280 million, 138830.0167 million, 89998.8987 million, 66801.2521 million. These values correspond to 17.34%, 15.70%, 11.04%, 7.16%, 5.31% of GERMANY's total exports and, respectively, were down 10.72%, down 16.24%, down 6.07%, up 7.37%, down 7.76% comparing to the same period of last year.

During the current year until 202011, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 135769.5445 million, 134565.8546 million, 113108.5564 million, 70146.3032 million, 60873.2582 million. These values correspond to 12.73%, 12.62%, 10.61%, 6.58%, 5.71% of GERMANY's total exports and, respectively, were down 8.67%, down 3.94%, down 12.95%, down 28.80%, up 13.21% comparing to the same period of last year.


2. Current year until 202011, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202011, GERMANY-China binational exports and imports of goods amounted to 184517.5832 million and were up 3.40% comparing with the same period of last year. Among these, exports from GERMANY to China were 99087.0653 million and up 0.60%, imports from China to GERMANY were 85430.5179 million and up 6.85%. The total binational trade surplus was 13656.5474 million and down 26.32%.

During the urrent year until 202011, 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 40358.3206 million, 38156.1472 million, 27986.1026 million, 12039.3378 million, 6803.0816 million and makes up 21.87%, 20.68%, 15.17%, 6.52%, 3.69% of the total binational imports and exports. These values were also up 5.18%, down 1.02%, up 1.20%, up 6.03%, up 481.65% comparing to the same period last year.

During the current year until 202011, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 25975.6185 million, 20569.8373 million, 17098.5565 million, 8696.1832 million, 4095.3988 million. These values account for 26.21%, 20.76%, 17.26%, 8.78%, 4.13% of GERMANY's total exports and were up 1.64%, down 3.87%, up 7.45%, up 5.63%, up 5.27% comparing to the same period of last year.

During the current year until 202011, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 23259.7640 million, 17586.3099 million, 6747.8601 million, 3617.6955 million, 3343.1546 million. These values account for 27.23%, 20.59%, 7.90%, 4.23%, 3.91% of GERMANY's total imports and were up 3.58%, up 2.54%, up 490.67%, up 0.55%, up 7.09% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat