1. Overview the trade of GERMANY in goods current year until 202107
According to Dalian Infobank, in 202107, GERMANY's exports and imports of goods amounted to 241252.8316 million, and were up 13.40% comparing with the same period of last year. Among these, exports were up 10.13% at 129441.6141 million, and imports were up 17.43% at 111811.2175 million. And the corresponding trade surplus was 17630.3966 million and down 21.02%.
During the current year until 202107, GERMANY's total exports and imports of goods were 1749572.0492 million and were up 25.03% comparing to the same period of last year. Among these, exports were 943539.0738 million and up 25.12%; imports were 806032.9754 million and up 24.93%. The total trade surplus was 137506.0984 million and up 26.25%.
If considering by country (region), INTRA-EU, NETHERLANDS, CHINA, UNITED STATES, FRANCE were GERMANY's top five trading partners. During the current year until 202107, GERMANY's imports and exports to five countries/territories were 147302.1200 million, 145258.4640 million, 136705.5670 million, 120322.7555 million, 100791.2069 million. These values correspond to 8.42%, 8.30%, 7.81%, 6.88%, 5.76% of GERMANY's imports and exports, and, respectively, were 0, up 8.88%, up 22.01%, up 23.91%, up 6.90% comparing to the same period of last year.
Current year until 202107, GERMANY and the top five trade partners UNITED STATES, CHINA, INTRA-EU, FRANCE, NETHERLANDS are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202107, GERMANY's exports to these five countries/territories were 83601.5147 million, 73878.1911 million, 73059.9600 million, 61804.7264 million, 53729.7033 million. These values correspond to 8.86%, 7.83%, 7.74%, 6.55%, 5.69% of GERMANY's exports and, respectively, were up 29.43%, up 25.33%, 0, up 7.64%, up 8.88% comparing with the same period of last year.
Current year until 202107, GERMANY's exports to top five countries/territories NETHERLANDS, INTRA-EU, CHINA, POLAND, BELGIUM are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202107, GERMANY's imports from these five countries/territories were 91528.7606 million, 74242.1600 million, 62827.3759 million, 45815.4189 million, 40739.4597 million. These values correspond to 11.36%, 9.21%, 7.79%, 5.68%, 5.05% of GERMANY's total imports and, respectively, were up 8.88%, 0, up 18.33%, up 17.44%, up 13.31% comparing with the same period of last year.
During the current year until 202107, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, CHINA, AUSTRIA at 46880.2738 million, 22818.2459 million, 22326.1071 million, 11050.8152 million, 10345.4872 million, and up 46.13%, up 11.01%, up 33.68%, up 88.77%, up 7.59%. And the trade deficits were mainly from NETHERLANDS, BELGIUM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, IRELAND, CZECH REPUBLIC at 37799.0573 million, 10872.6739 million, 10663.7765 million, 9257.1643 million, 5660.7219 million, and up 8.87%, up 18.47%, up 115.56%, up 5.67%, up 17.94%.
Current year until 202107, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202107, commodities with hs2 codes, 84, 87, 85, 99, 30, were GERMANY's top five traded commodities. They correspond to the import and export values of 241139.5318 million, 219642.3515 million, 187911.7423 million, 158966.3555 million, 104439.5245 million, which were up 11.31%, up 25.74%, up 16.65%, up 1455.20%, up 10.93% comparing with the same period of last year and account for 13.78%, 12.55%, 10.74%, 9.09%, 5.97% of GERMANY's total imports and exports.
During the current year until 202107, 84, 87, 85, 99, 30 were GERMANY's top five traded commodities, with total import and export values of 147393.2392 million, 144785.5314 million, 95198.0385 million, 78720.2899 million, 63212.0554 million. These values correspond to 15.62%, 15.34%, 10.09%, 8.34%, 6.70% of GERMANY's total exports and, respectively, were up 10.92%, up 29.97%, up 15.57%, up 1536.01%, up 13.01% comparing to the same period of last year.
During the current year until 202107, 84, 85, 99, 87, 27 were GERMANY's top five traded commodities, with total import values of 93746.2926 million, 92713.7038 million, 80246.0656 million, 74856.8200 million, 55670.8519 million. These values correspond to 11.63%, 11.50%, 9.96%, 9.29%, 6.91% of GERMANY's total exports and, respectively, were up 11.92%, up 17.77%, up 1383.32%, up 18.30%, up 26.79% comparing to the same period of last year.
2. Current year until 202107, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202107, GERMANY-China binational exports and imports of goods amounted to 136705.5670 million and were up 22.01% comparing with the same period of last year. Among these, exports from GERMANY to China were 73878.1911 million and up 25.33%, imports from China to GERMANY were 62827.3759 million and up 18.33%. The total binational trade surplus was 11050.8152 million and up 88.77%.
During the urrent year until 202107, 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 29432.8589 million, 29226.6005 million, 21783.3514 million, 9071.0362 million, 4831.2735 million and makes up 21.53%, 21.38%, 15.93%, 6.64%, 3.53% of the total binational imports and exports. These values were also up 23.09%, up 25.35%, up 32.02%, up 25.63%, up 79.28% comparing to the same period last year.
During the current year until 202107, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 19642.3077 million, 15203.7016 million, 12480.8537 million, 6526.6592 million, 3026.0855 million. These values account for 26.59%, 20.58%, 16.89%, 8.83%, 4.10% of GERMANY's total exports and were up 28.62%, up 22.73%, up 20.75%, up 25.42%, up 21.00% comparing to the same period of last year.
During the current year until 202107, 85, 84, 94, 90, 87 were GERMANY's top five traded commodities importing from China , with import values of 16952.0053 million, 14022.8989 million, 2899.9560 million, 2544.3770 million, 2141.0437 million. These values account for 26.98%, 22.32%, 4.62%, 4.05%, 3.41% of GERMANY's total imports and were up 24.87%, up 28.31%, up 36.49%, up 26.19%, up 74.33% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat