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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202012

 1.  Overview the trade of GERMANY in goods current year until 202012

According to Dalian Infobank, in 202012GERMANY's exports and imports of goods amounted to 227500.7695 million, and were up 13.10% comparing with the same period of last year. Among these, exports were up 12.86% at 123177.7181 million, and imports were up 13.38% at 104323.0514 million. And the corresponding trade surplus was 18854.6667 million and up 10.02%.

During the current year until 202012, GERMANY's total exports and imports of goods were 2551085.8250 million and were down 6.33% comparing to the same period of last year. Among these, exports were 1380368.3395 million and down 7.32%; imports were 1170717.4855 million and down 5.13%. The total trade surplus was 209650.8539 million and down 17.92%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202012, GERMANY's imports and exports to five countries/territories were 240395.4190 million, 204043.8055 million, 176777.4807 million, 172064.7078 million, 148791.4212 million. These values correspond to 9.42%, 8.00%, 6.93%, 6.74%, 5.83% of GERMANY's imports and exports, and, respectively, were down 5.17%, up 5.23%, down 9.02%, down 12.81%, up 2.85% comparing to the same period of last year.

Current year until 202012, 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 202012, GERMANY's exports to these five countries/territories were 119072.2260 million, 110411.6476 million, 103857.4900 million, 89063.2272 million, 76454.8191 million. These values correspond to 8.63%, 8.00%, 7.52%, 6.45%, 5.54% of GERMANY's exports and, respectively, were down 10.92%, up 2.48%, down 12.86%, down 3.98%, down 13.55% comparing with the same period of last year.

Current year until 202012, 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 202012, GERMANY's imports from these five countries/territories were 151332.1918 million, 93632.1579 million, 74767.8143 million, 68207.2178 million, 63793.4937 million. These values correspond to 12.93%, 8.00%, 6.39%, 5.83%, 5.45% of GERMANY's total imports and, respectively, were down 5.85%, up 8.67%, up 5.22%, down 12.72%, down 9.93% comparing with the same period of last year.

During the current year until 202012, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 61366.9713 million, 35650.2722 million, 33531.4476 million, 17934.1618 million, 17205.3208 million, and down 15.97%, down 13.14%, down 22.99%, down 9.11%, up 9.75%. And the trade deficits were mainly from NETHERLANDS, IRELAND, BELGIUM, CZECH REPUBLIC, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 62268.9645 million, 15516.1240 million, 14530.5344 million, 10500.3012 million, 10426.2528 million, and down 8.41%, up 59.54%, down 24.25%, up 10.73%, down 23.37%.

Current year until 202012, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 389110.1322 million, 342329.3458 million, 301487.9920 million, 163707.7582 million, 116195.8246 million, which were down 8.57%, down 12.70%, down 3.09%, up 9.96%, down 5.31% comparing with the same period of last year and account for 15.25%, 13.42%, 11.82%, 6.42%, 4.55% of GERMANY's total imports and exports.

During the current year until 202012, 84, 87, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 239460.0145 million, 217792.7406 million, 152700.4811 million, 97774.7243 million, 73505.3890 million. These values correspond to 17.35%, 15.78%, 11.06%, 7.08%, 5.33% of GERMANY's total exports and, respectively, were down 9.55%, down 13.68%, down 4.28%, up 8.28%, down 6.65% comparing to the same period of last year.

During the current year until 202012, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 149650.1176 million, 148787.5110 million, 124536.6052 million, 77779.9308 million, 65933.0339 million. These values correspond to 12.78%, 12.71%, 10.64%, 6.64%, 5.63% of GERMANY's total exports and, respectively, were down 6.97%, down 1.83%, down 10.94%, down 27.69%, up 12.54% comparing to the same period of last year.


2. Current year until 202012, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202012, GERMANY-China binational exports and imports of goods amounted to 204043.8055 million and were up 5.23% comparing with the same period of last year. Among these, exports from GERMANY to China were 110411.6476 million and up 2.48%, imports from China to GERMANY were 93632.1579 million and up 8.67%. The total binational trade surplus was 16779.4897 million and down 22.26%.

During the urrent year until 202012, 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 44702.0748 million, 42332.3570 million, 30750.3056 million, 13417.3967 million, 7124.9598 million and makes up 21.91%, 20.75%, 15.07%, 6.58%, 3.49% of the total binational imports and exports. These values were also up 7.22%, up 1.15%, up 3.59%, up 7.33%, up 471.30% comparing to the same period last year.

During the current year until 202012, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 28535.2936 million, 22885.8164 million, 18919.7646 million, 9727.1922 million, 4387.7009 million. These values account for 25.84%, 20.73%, 17.14%, 8.81%, 3.97% of GERMANY's total exports and were up 3.94%, down 1.79%, up 9.22%, up 6.80%, up 5.08% comparing to the same period of last year.

During the current year until 202012, 85, 84, 63, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 25782.3101 million, 19446.5406 million, 7067.6106 million, 3966.0144 million, 3690.2045 million. These values account for 27.54%, 20.77%, 7.55%, 4.24%, 3.94% of GERMANY's total imports and were up 5.80%, up 4.84%, up 480.26%, up 2.43%, up 8.76% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat