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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202108

 1.  Overview the trade of GERMANY in goods current year until 202108

According to Dalian Infobank, in 202108GERMANY's exports and imports of goods amounted to 224264.5123 million, and were up 11.06% comparing with the same period of last year. Among these, exports were up 8.65% at 117432.5858 million, and imports were up 13.85% at 106831.9265 million. And the corresponding trade surplus was 10600.6593 million and down 25.58%.

During the current year until 202108, GERMANY's total exports and imports of goods were 1983938.7481 million and were up 23.90% comparing to the same period of last year. Among these, exports were 1067908.5418 million and up 23.86%; imports were 916030.2063 million and up 23.95%. The total trade surplus was 151878.3355 million and up 23.32%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, INTRA-EU, FRANCE were GERMANY's top five trading partners. During the current year until 202108, GERMANY's imports and exports to five countries/territories were 169854.9584 million, 155396.0215 million, 136982.6090 million, 132670.4400 million, 117258.6167 million. These values correspond to 8.56%, 7.83%, 6.90%, 6.69%, 5.91% of GERMANY's imports and exports, and, respectively, were up 11.44%, up 20.84%, up 23.31%, 0, up 9.43% comparing to the same period of last year.

Current year until 202108, GERMANY and the top five trade partners UNITED STATES, CHINA, FRANCE, INTRA-EU, NETHERLANDS are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202108, GERMANY's exports to these five countries/territories were 94656.8474 million, 82885.2441 million, 71778.2780 million, 65570.0400 million, 62568.5443 million. These values correspond to 8.86%, 7.76%, 6.72%, 6.14%, 5.86% of GERMANY's exports and, respectively, were up 28.47%, up 22.52%, up 10.36%, 0, up 10.96% comparing with the same period of last year.

Current year until 202108, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, INTRA-EU, POLAND, BELGIUM are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202108, GERMANY's imports from these five countries/territories were 107286.4140 million, 72510.7773 million, 67100.4000 million, 53152.1315 million, 48023.0035 million. These values correspond to 11.71%, 7.92%, 7.33%, 5.80%, 5.24% of GERMANY's total imports and, respectively, were up 11.71%, up 18.98%, 0, up 16.99%, up 15.49% comparing with the same period of last year.

During the current year until 202108, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, AUSTRIA, SWITZERLAND at 52331.0859 million, 26413.8467 million, 26297.9393 million, 11949.7465 million, 11923.5123 million, and up 44.28%, up 31.16%, up 14.71%, up 5.52%, up 3.80%. 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 44717.8697 million, 13515.0244 million, 12401.0975 million, 10518.0162 million, 6647.6613 million, and up 12.78%, up 22.25%, up 119.89%, up 4.98%, up 23.62%.

Current year until 202108, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202108,  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 278153.9879 million, 247511.4123 million, 217011.7086 million, 146185.2628 million, 121545.9339 million, which were up 12.89%, up 23.30%, up 16.91%, up 1161.31%, up 13.87% comparing with the same period of last year and account for 14.02%, 12.48%, 10.94%, 7.37%, 6.13% of GERMANY's total imports and exports.

During the current year until 202108, 84, 87, 85, 30, 99 were GERMANY's top five traded commodities, with total import and export values of 169911.5035 million, 162276.0447 million, 109695.4753 million, 73691.5060 million, 72270.5942 million. These values correspond to 15.91%, 15.20%, 10.27%, 6.90%, 6.77% of GERMANY's total exports and, respectively, were up 12.20%, up 27.88%, up 15.74%, up 15.86%, up 1228.86% comparing to the same period of last year.

During the current year until 202108, 84, 85, 87, 99, 27 were GERMANY's top five traded commodities, with total import values of 108242.4844 million, 107316.2333 million, 85235.3675 million, 73914.6686 million, 66123.5234 million. These values correspond to 11.82%, 11.72%, 9.30%, 8.07%, 7.22% of GERMANY's total exports and, respectively, were up 13.98%, up 18.14%, up 15.44%, up 1101.59%, up 32.98% comparing to the same period of last year.


2. Current year until 202108, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202108, GERMANY-China binational exports and imports of goods amounted to 155396.0215 million and were up 20.84% comparing with the same period of last year. Among these, exports from GERMANY to China were 82885.2441 million and up 22.52%, imports from China to GERMANY were 72510.7773 million and up 18.98%. The total binational trade surplus was 10374.4668 million and up 54.68%.

During the urrent year until 202108, 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 33749.4232 million, 33252.0329 million, 23789.6755 million, 10343.9209 million, 5349.9600 million and makes up 21.72%, 21.40%, 15.31%, 6.66%, 3.44% of the total binational imports and exports. These values were also up 21.75%, up 24.63%, up 26.49%, up 24.43%, up 69.78% comparing to the same period last year.

During the current year until 202108, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 21319.9378 million, 17140.7767 million, 14226.5758 million, 7396.1996 million, 3485.1864 million. These values account for 25.72%, 20.68%, 17.16%, 8.92%, 4.20% of GERMANY's total exports and were up 22.58%, up 20.75%, up 19.60%, up 23.85%, up 18.86% comparing to the same period of last year.

During the current year until 202108, 85, 84, 94, 90, 87 were GERMANY's top five traded commodities importing from China , with import values of 19522.8474 million, 16111.2562 million, 3412.0034 million, 2947.7213 million, 2469.7376 million. These values account for 26.92%, 22.22%, 4.71%, 4.07%, 3.41% of GERMANY's total imports and were up 23.37%, up 29.04%, up 37.06%, up 25.89%, up 74.64% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat