1. Overview the trade of GERMANY in goods current year until 202103
According to Dalian Infobank, in 202103, GERMANY's exports and imports of goods amounted to 278133.7581 million, and were up 25.30% comparing with the same period of last year. Among these, exports were up 25.54% at 151472.5717 million, and imports were up 25.02% at 126661.1864 million. And the corresponding trade surplus was 24811.3854 million and up 28.26%.
During the current year until 202103, GERMANY's total exports and imports of goods were 740283.8382 million and were up 12.21% comparing to the same period of last year. Among these, exports were 402749.2269 million and up 12.29%; imports were 337534.6113 million and up 12.11%. The total trade surplus was 65214.6156 million and up 13.19%.
If considering by country (region), NETHERLANDS, CHINA, FRANCE, UNITED STATES, POLAND were GERMANY's top five trading partners. During the current year until 202103, GERMANY's imports and exports to five countries/territories were 70606.9866 million, 59003.6770 million, 50160.5007 million, 49985.3813 million, 45271.1198 million. These values correspond to 9.54%, 7.97%, 6.78%, 6.75%, 6.12% of GERMANY's imports and exports, and, respectively, were up 13.46%, up 35.13%, up 8.75%, up 5.31%, up 23.84% comparing to the same period of last year.
Current year until 202103, GERMANY and the top five trade partners UNITED STATES, CHINA, FRANCE, NETHERLANDS, POLAND are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202103, GERMANY's exports to these five countries/territories were 35180.4159 million, 32025.7624 million, 30591.6029 million, 26646.4785 million, 22532.1622 million. These values correspond to 8.74%, 7.95%, 7.60%, 6.62%, 5.59% of GERMANY's exports and, respectively, were up 10.38%, up 34.60%, up 9.13%, up 18.45%, up 19.63% comparing with the same period of last year.
Current year until 202103, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, POLAND, FRANCE, ITALY are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202103, GERMANY's imports from these five countries/territories were 43960.5081 million, 26977.9147 million, 22738.9576 million, 19568.8978 million, 19098.8515 million. These values correspond to 13.02%, 7.99%, 6.74%, 5.80%, 5.66% of GERMANY's total imports and, respectively, were up 10.63%, up 35.76%, up 28.31%, up 8.18%, up 20.63% comparing with the same period of last year.
During the current year until 202103, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, CHINA, SWITZERLAND at 20375.4505 million, 12064.7141 million, 11022.7052 million, 5047.8477 million, 4807.5735 million, and up 25.18%, up 22.35%, up 10.85%, up 28.74%, up 25.88%. And the trade deficits were mainly from NETHERLANDS, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, IRELAND, BELGIUM, CZECH REPUBLIC at 17314.0296 million, 4807.5731 million, 4269.3292 million, 3430.5405 million, 3067.3900 million, and up 0.42%, up 69.35%, up 25.19%, down 16.10%, up 83.87%.
Current year until 202103, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202103, commodities with hs2 codes, 84, 87, 85, 30, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 110680.3556 million, 105770.8310 million, 87880.5532 million, 45358.8244 million, 33586.2303 million, which were up 9.66%, up 17.77%, up 17.93%, up 11.69%, up 1.13% comparing with the same period of last year and account for 14.95%, 14.29%, 11.87%, 6.13%, 4.54% of GERMANY's total imports and exports.
During the current year until 202103, 87, 84, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 69055.1889 million, 67131.4918 million, 44346.2806 million, 27668.8401 million, 20216.8255 million. These values correspond to 17.15%, 16.67%, 11.01%, 6.87%, 5.02% of GERMANY's total exports and, respectively, were up 19.17%, up 8.38%, up 15.30%, up 14.51%, up 7.37% comparing to the same period of last year.
During the current year until 202103, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 43548.8638 million, 43534.2726 million, 36715.6421 million, 24324.4476 million, 17689.9843 million. These values correspond to 12.90%, 12.90%, 10.88%, 7.21%, 5.24% of GERMANY's total exports and, respectively, were up 11.69%, up 20.74%, up 15.23%, down 0.57%, up 7.54% comparing to the same period of last year.
2. Current year until 202103, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202103, GERMANY-China binational exports and imports of goods amounted to 59003.6770 million and were up 35.13% comparing with the same period of last year. Among these, exports from GERMANY to China were 32025.7624 million and up 34.60%, imports from China to GERMANY were 26977.9147 million and up 35.76%. The total binational trade surplus was 5047.8477 million and up 28.74%.
During the urrent year until 202103, commodities with hs2 code, 85, 84, 87, 90, 39, were binational trade's top five traded commodities. They correspond to import and export values of 12765.5282 million, 12576.8905 million, 9764.9164 million, 3778.9743 million, 1750.6131 million and makes up 21.64%, 21.32%, 16.55%, 6.40%, 2.97% of the total binational imports and exports. These values were also up 31.57%, up 39.17%, up 46.75%, up 34.55%, up 41.01% comparing to the same period last year.
During the current year until 202103, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 8920.5125 million, 6471.2182 million, 5337.7257 million, 2701.3282 million, 1348.1943 million. These values account for 27.85%, 20.21%, 16.67%, 8.43%, 4.21% of GERMANY's total exports and were up 46.19%, up 33.18%, up 29.66%, up 32.39%, up 45.76% comparing to the same period of last year.
During the current year until 202103, 85, 84, 94, 90, 63 were GERMANY's top five traded commodities importing from China , with import values of 7427.8024 million, 6105.6724 million, 1324.0689 million, 1077.6461 million, 993.7604 million. These values account for 27.53%, 22.63%, 4.91%, 3.99%, 3.68% of GERMANY's total imports and were up 32.98%, up 46.13%, up 40.12%, up 40.31%, up 180.94% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat