1. Overview the trade of GERMANY in goods current year until 202110
According to Dalian Infobank, in 202110, GERMANY's exports and imports of goods amounted to 257764.3839 million, and were up 6.76% comparing with the same period of last year. Among these, exports were up 1.41% at 134416.6553 million, and imports were up 13.27% at 123347.7285 million. And the corresponding trade surplus was 11068.9268 million and down 53.20%.
During the current year until 202110, GERMANY's total exports and imports of goods were 2509216.4643 million and were up 20.61% comparing to the same period of last year. Among these, exports were 1347313.2533 million and up 19.65%; imports were 1161903.2110 million and up 21.75%. The total trade surplus was 185410.0422 million and up 8.00%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, INTRA-EU, FRANCE were GERMANY's top five trading partners. During the current year until 202110, GERMANY's imports and exports to five countries/territories were 219645.6245 million, 197404.0810 million, 173175.9202 million, 157889.6100 million, 147999.1511 million. These values correspond to 8.75%, 7.87%, 6.90%, 6.29%, 5.90% of GERMANY's imports and exports, and, respectively, were up 12.53%, up 19.66%, up 20.02%, 0, up 6.06% comparing to the same period of last year.
Current year until 202110, GERMANY and the top five trade partners UNITED STATES, CHINA, FRANCE, NETHERLANDS, INTRA-EU are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202110, GERMANY's exports to these five countries/territories were 120206.2283 million, 103924.1610 million, 90343.0423 million, 80669.5245 million, 77262.6600 million. These values correspond to 8.92%, 7.71%, 6.71%, 5.99%, 5.73% of GERMANY's exports and, respectively, were up 25.06%, up 18.20%, up 6.29%, up 10.79%, 0 comparing with the same period of last year.
Current year until 202110, 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 202110, GERMANY's imports from these five countries/territories were 138976.1000 million, 93479.9200 million, 80626.9500 million, 68178.0004 million, 62087.6344 million. These values correspond to 11.96%, 8.05%, 6.94%, 5.87%, 5.34% of GERMANY's total imports and, respectively, were up 13.57%, up 21.32%, 0, up 13.13%, up 18.42% comparing with the same period of last year.
During the current year until 202110, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, AUSTRIA, SWITZERLAND at 67236.5364 million, 34292.4295 million, 32686.9335 million, 15968.5439 million, 15281.2340 million, and up 40.22%, up 22.71%, up 7.32%, up 6.41%, up 7.37%. 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 58306.5756 million, 17919.7994 million, 17172.6179 million, 13222.6684 million, 8032.6457 million, and up 17.67%, up 48.02%, up 122.96%, up 4.73%, up 0.79%.
Current year until 202110, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202110, 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 350766.7815 million, 306864.0619 million, 276351.6908 million, 174952.0695 million, 152571.1373 million, which were up 10.52%, up 11.18%, up 13.43%, up 1069.01%, up 12.56% comparing with the same period of last year and account for 13.98%, 12.23%, 11.01%, 6.97%, 6.08% of GERMANY's total imports and exports.
During the current year until 202110, 84, 87, 85, 30, 99 were GERMANY's top five traded commodities, with total import and export values of 214293.3430 million, 202317.1771 million, 139258.2200 million, 93829.5115 million, 85794.8845 million. These values correspond to 15.91%, 15.02%, 10.34%, 6.96%, 6.37% of GERMANY's total exports and, respectively, were up 9.83%, up 15.74%, up 12.33%, up 15.70%, up 1111.16% comparing to the same period of last year.
During the current year until 202110, 85, 84, 87, 27, 99 were GERMANY's top five traded commodities, with total import values of 137093.4708 million, 136473.4385 million, 104546.8848 million, 89173.5942 million, 89157.1850 million. These values correspond to 11.80%, 11.75%, 9.00%, 7.67%, 7.67% of GERMANY's total exports and, respectively, were up 14.58%, up 11.63%, up 3.31%, up 43.74%, up 1031.13% comparing to the same period of last year.
2. Current year until 202110, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202110, GERMANY-China binational exports and imports of goods amounted to 197404.0810 million and were up 19.66% comparing with the same period of last year. Among these, exports from GERMANY to China were 103924.1610 million and up 18.20%, imports from China to GERMANY were 93479.9200 million and up 21.32%. The total binational trade surplus was 10444.2410 million and down 3.94%.
During the urrent year until 202110, 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 43165.3601 million, 41796.0487 million, 30685.8199 million, 12917.7471 million, 6261.6459 million and makes up 21.87%, 21.17%, 15.54%, 6.54%, 3.17% of the total binational imports and exports. These values were also up 21.09%, up 22.22%, up 22.47%, up 20.81%, up 59.82% comparing to the same period last year.
During the current year until 202110, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 27520.5583 million, 21184.9897 million, 17811.2071 million, 9202.1542 million, 4255.6474 million. These values account for 26.48%, 20.39%, 17.14%, 8.85%, 4.09% of GERMANY's total exports and were up 18.74%, up 15.77%, up 16.33%, up 19.45%, up 16.62% comparing to the same period of last year.
During the current year until 202110, 85, 84, 94, 90, 87 were GERMANY's top five traded commodities importing from China , with import values of 25354.1530 million, 20611.0590 million, 4447.2312 million, 3715.5929 million, 3165.2616 million. These values account for 27.12%, 22.05%, 4.76%, 3.97%, 3.39% of GERMANY's total imports and were up 24.68%, up 29.65%, up 35.53%, up 24.32%, up 68.46% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat