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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202201

 1.  Overview the trade of GERMANY in goods current year until 202201

According to Dalian Infobank, in 202201GERMANY's exports and imports of goods amounted to 234665.1220 million, and were up 5.44% comparing with the same period of last year. Among these, exports were down 2.24% at 117420.8252 million, and imports were up 14.45% at 117244.2968 million. And the corresponding trade surplus was 176.5284 million and down 99.00%.

During the current year until 202201, GERMANY's total exports and imports of goods were 234665.1220 million and were up 5.44% comparing to the same period of last year. Among these, exports were 117420.8252 million and down 2.24%; imports were 117244.2968 million and up 14.45%. The total trade surplus was 176.5284 million and down 99.00%.

If considering by country (region), INTRA-EU, CHINA, UNITED STATES, SWITZERLAND, RUSSIA were GERMANY's top five trading partners. During the current year until 202201, GERMANY's imports and exports to five countries/territories were 136786.2600 million, 21250.5826 million, 16740.1983 million, 10000.9862 million, 5044.3793 million. These values correspond to 58.29%, 9.06%, 7.13%, 4.26%, 2.15% of GERMANY's imports and exports, and, respectively, were 0, up 16.37%, up 14.67%, up 5.28%, up 43.73% comparing to the same period of last year.

Current year until 202201, GERMANY and the top five trade partners INTRA-EU, UNITED STATES, CHINA, SWITZERLAND, RUSSIA are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202201, GERMANY's exports to these five countries/territories were 66752.6000 million, 11159.7461 million, 9075.5071 million, 5874.1756 million, 2422.0773 million. These values correspond to 56.85%, 9.50%, 7.73%, 5.00%, 2.06% of GERMANY's exports and, respectively, were 0, up 8.13%, down 1.89%, up 4.40%, up 20.42% comparing with the same period of last year.

Current year until 202201, GERMANY's exports to top five countries/territories INTRA-EU, CHINA, UNITED STATES, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, SWITZERLAND are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202201, GERMANY's imports from these five countries/territories were 70033.6600 million, 12175.0755 million, 5580.4522 million, 4682.5906 million, 4126.8106 million. These values correspond to 59.73%, 10.38%, 4.76%, 3.99%, 3.52% of GERMANY's total imports and, respectively, were 0, up 35.12%, up 30.45%, up 167.25%, up 6.57% comparing with the same period of last year.

During the current year until 202201, the trade surplus of GERMANY was mainly from UNITED STATES, SWITZERLAND, SOUTH KOREA, AUSTRALIA, MEXICO at 5579.2939 million, 1747.3649 million, 685.1733 million, 634.9811 million, 619.3365 million, and down 7.67%, down 0.39%, up 1.41%, up 15.99%, up 0.00%. And the trade deficits were mainly from COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, INTRA-EU, CHINA, VIETNAM, BANGLADESH at 4678.2961 million, 3281.0600 million, 3099.5683 million, 575.9436 million, 480.7773 million, and up 167.12%, 0, down 1390.85%, up 6.29%, up 50.18%.

Current year until 202201, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202201,  commodities with hs2 codes, 99, 84, 85, 87, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 137387.2059 million, 15215.3981 million, 12656.4198 million, 12234.9454 million, 9873.9215 million, which were up 8340.24%, down 54.46%, down 54.80%, down 57.81%, down 6.06% comparing with the same period of last year and account for 58.55%, 6.48%, 5.39%, 5.21%, 4.21% of GERMANY's total imports and exports.

During the current year until 202201, 99, 87, 84, 85, 30 were GERMANY's top five traded commodities, with total import and export values of 66931.5506 million, 9867.9243 million, 8894.4834 million, 5831.9043 million, 4778.3748 million. These values correspond to 57.00%, 8.40%, 7.57%, 4.97%, 4.07% of GERMANY's total exports and, respectively, were up 8755.85%, down 47.65%, down 55.06%, down 57.53%, down 46.23% comparing to the same period of last year.

During the current year until 202201, 99, 27, 85, 84, 87 were GERMANY's top five traded commodities, with total import values of 70455.6553 million, 8915.3651 million, 6824.5155 million, 6320.9148 million, 2367.0211 million. These values correspond to 60.09%, 7.60%, 5.82%, 5.39%, 2.02% of GERMANY's total exports and, respectively, were up 7980.00%, up 18.51%, down 52.18%, down 53.60%, down 76.69% comparing to the same period of last year.


2. Current year until 202201, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202201, GERMANY-China binational exports and imports of goods amounted to 21250.5826 million and were up 16.37% comparing with the same period of last year. Among these, exports from GERMANY to China were 9075.5071 million and down 1.89%, imports from China to GERMANY were 12175.0755 million and up 35.12%. The total binational trade deficit was 3099.5683 million and down 1390.85%.

During the urrent year until 202201, 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 4627.5288 million, 4235.9774 million, 3343.8298 million, 1143.7702 million, 662.3929 million and makes up 21.78%, 19.93%, 15.74%, 5.38%, 3.12% of the total binational imports and exports. These values were also up 5.90%, up 9.55%, up 31.18%, down 3.22%, up 21.49% comparing to the same period last year.

During the current year until 202201, 87, 85, 84, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 2940.0776 million, 1545.7549 million, 1533.4401 million, 685.0696 million, 302.8024 million. These values account for 32.40%, 17.03%, 16.90%, 7.55%, 3.34% of GERMANY's total exports and were up 29.37%, down 10.17%, down 16.16%, down 17.12%, down 20.52% comparing to the same period of last year.

During the current year until 202201, 85, 84, 94, 38, 90 were GERMANY's top five traded commodities importing from China , with import values of 3081.7739 million, 2702.5372 million, 615.7624 million, 516.4660 million, 458.7006 million. These values account for 25.31%, 22.20%, 5.06%, 4.24%, 3.77% of GERMANY's total imports and were up 16.34%, up 32.62%, up 46.67%, up 985.14%, up 29.13% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat