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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202104

 1.  Overview the trade of GERMANY in goods current year until 202104

According to Dalian Infobank, in 202104GERMANY's exports and imports of goods amounted to 249918.1700 million, and were up 55.59% comparing with the same period of last year. Among these, exports were up 63.48% at 134369.2414 million, and imports were up 47.33% at 115548.9286 million. And the corresponding trade surplus was 18820.3128 million and up 400.19%.

During the current year until 202104, GERMANY's total exports and imports of goods were 990221.3654 million and were up 20.71% comparing to the same period of last year. Among these, exports were 536944.1056 million and up 21.79%; imports were 453277.2598 million and up 19.44%. The total trade surplus was 83666.8458 million and up 36.31%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202104, GERMANY's imports and exports to five countries/territories were 94292.1021 million, 78201.4214 million, 67814.7480 million, 66641.7011 million, 60008.0401 million. These values correspond to 9.52%, 7.90%, 6.85%, 6.73%, 6.06% of GERMANY's imports and exports, and, respectively, were up 19.48%, up 32.18%, up 14.07%, up 20.94%, up 32.67% comparing to the same period of last year.

Current year until 202104, 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 202104, GERMANY's exports to these five countries/territories were 47321.1824 million, 41985.1262 million, 40683.4565 million, 35315.8434 million, 29959.4225 million. These values correspond to 8.81%, 7.82%, 7.58%, 6.58%, 5.58% of GERMANY's exports and, respectively, were up 22.35%, up 32.71%, up 22.49%, up 23.70%, up 29.80% comparing with the same period of last year.

Current year until 202104, 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 202104, GERMANY's imports from these five countries/territories were 58976.2587 million, 36216.2952 million, 30048.6176 million, 25958.2446 million, 25536.0526 million. These values correspond to 13.01%, 7.99%, 6.63%, 5.73%, 5.63% of GERMANY's total imports and, respectively, were up 17.09%, up 31.57%, up 35.67%, up 18.59%, up 31.74% comparing with the same period of last year.

During the current year until 202104, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, AUSTRIA, SWITZERLAND at 26827.6167 million, 15166.7886 million, 14725.2119 million, 6561.1275 million, 6384.3303 million, and up 49.86%, up 55.54%, up 30.04%, up 12.44%, up 25.15%. 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, BELGIUM, IRELAND, CZECH REPUBLIC at 23660.4153 million, 6387.6211 million, 5387.5899 million, 5320.9266 million, 4225.6507 million, and up 8.43%, up 88.57%, down 1.16%, up 18.44%, up 114.23%.

Current year until 202104, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202104,  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 148074.9946 million, 140703.0901 million, 116664.4175 million, 62279.1563 million, 44740.7955 million, which were up 17.22%, up 41.28%, up 25.07%, up 16.64%, up 13.73% comparing with the same period of last year and account for 14.95%, 14.21%, 11.78%, 6.29%, 4.52% of GERMANY's total imports and exports.

During the current year until 202104, 87, 84, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 92008.0622 million, 90034.4056 million, 58643.0894 million, 37433.6551 million, 26930.3320 million. These values correspond to 17.14%, 16.77%, 10.92%, 6.97%, 5.02% of GERMANY's total exports and, respectively, were up 45.13%, up 17.03%, up 22.01%, up 17.82%, up 14.00% comparing to the same period of last year.

During the current year until 202104, 84, 85, 87, 27, 30 were GERMANY's top five traded commodities, with total import values of 58040.5891 million, 58021.3280 million, 48695.0278 million, 32724.3061 million, 24845.5012 million. These values correspond to 12.80%, 12.80%, 10.74%, 7.22%, 5.48% of GERMANY's total exports and, respectively, were up 17.51%, up 28.32%, up 34.54%, up 12.65%, up 14.90% comparing to the same period of last year.


2. Current year until 202104, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202104, GERMANY-China binational exports and imports of goods amounted to 78201.4214 million and were up 32.18% comparing with the same period of last year. Among these, exports from GERMANY to China were 41985.1262 million and up 32.71%, imports from China to GERMANY were 36216.2952 million and up 31.57%. The total binational trade surplus was 5768.8309 million and up 40.34%.

During the urrent year until 202104, commodities with hs2 code, 85, 84, 87, 90, 30, were binational trade's top five traded commodities. They correspond to import and export values of 16845.4281 million, 16723.4985 million, 13093.9820 million, 5003.9219 million, 2697.1314 million and makes up 21.54%, 21.39%, 16.74%, 6.40%, 3.45% of the total binational imports and exports. These values were also up 27.25%, up 32.47%, up 60.15%, up 30.90%, up 100.44% comparing to the same period last year.

During the current year until 202104, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 11913.4809 million, 8548.8219 million, 7046.3568 million, 3576.9675 million, 1663.7692 million. These values account for 28.38%, 20.36%, 16.78%, 8.52%, 3.96% of GERMANY's total exports and were up 59.13%, up 28.52%, up 21.85%, up 28.29%, up 33.61% comparing to the same period of last year.

During the current year until 202104, 85, 84, 94, 90, 87 were GERMANY's top five traded commodities importing from China , with import values of 9799.0713 million, 8174.6766 million, 1666.7498 million, 1426.9544 million, 1180.5011 million. These values account for 27.06%, 22.57%, 4.60%, 3.94%, 3.26% of GERMANY's total imports and were up 31.44%, up 36.85%, up 42.21%, up 37.96%, up 71.21% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat