1. Overview the trade of GERMANY in goods current year until 202202
According to Dalian Infobank, in 202202, GERMANY's exports and imports of goods amounted to 256026.1660 million, and were up 6.85% comparing with the same period of last year. Among these, exports were up 1.42% at 132842.8187 million, and imports were up 13.40% at 123183.3473 million. And the corresponding trade surplus was 9659.4714 million and down 56.81%.
During the current year until 202202, GERMANY's total exports and imports of goods were 499503.1337 million and were up 8.08% comparing to the same period of last year. Among these, exports were 256407.4983 million and up 2.11%; imports were 243095.6354 million and up 15.17%. The total trade surplus was 13311.8630 million and down 66.75%.
If considering by country (region), INTRA-EU, CHINA, UNITED STATES, NETHERLANDS, SWITZERLAND were GERMANY's top five trading partners. During the current year until 202202, GERMANY's imports and exports to five countries/territories were 155839.0800 million, 41758.9359 million, 34039.0553 million, 23460.5848 million, 20690.1905 million. These values correspond to 31.20%, 8.36%, 6.81%, 4.70%, 4.14% of GERMANY's imports and exports, and, respectively, were 0, up 14.23%, up 10.76%, down 46.52%, up 6.29% comparing to the same period of last year.
Current year until 202202, GERMANY and the top five trade partners INTRA-EU, UNITED STATES, CHINA, SWITZERLAND, FRANCE are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202202, GERMANY's exports to these five countries/territories were 76785.3400 million, 23364.3757 million, 19318.7133 million, 11954.6196 million, 9144.7792 million. These values correspond to 29.95%, 9.11%, 7.53%, 4.66%, 3.57% of GERMANY's exports and, respectively, were 0, up 6.94%, down 0.63%, up 5.57%, down 52.48% comparing with the same period of last year.
Current year until 202202, GERMANY's exports to top five countries/territories INTRA-EU, CHINA, NETHERLANDS, UNITED STATES, SWITZERLAND are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202202, GERMANY's imports from these five countries/territories were 79053.7400 million, 22440.2226 million, 15040.1537 million, 10674.6795 million, 8735.5708 million. These values correspond to 32.52%, 9.23%, 6.19%, 4.39%, 3.59% of GERMANY's total imports and, respectively, were 0, up 31.10%, down 45.26%, up 20.14%, up 7.30% comparing with the same period of last year.
During the current year until 202202, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, SWITZERLAND, SOUTH KOREA at 12689.6962 million, 3364.4966 million, 3280.9752 million, 3219.0488 million, 1862.1677 million, and down 2.11%, down 54.46%, down 54.67%, up 1.15%, up 12.83%. 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, NETHERLANDS, CHINA, INTRA-EU, BELGIUM at 8714.1619 million, 6619.7227 million, 3121.5092 million, 2268.4000 million, 2000.2795 million, and up 184.28%, down 40.27%, down 234.33%, 0, up 49.43%.
Current year until 202202, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202202, commodities with hs2 codes, 99, 84, 87, 85, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 157830.5433 million, 48614.0154 million, 42327.7277 million, 41044.5291 million, 31081.5689 million, which were up 4783.90%, down 29.96%, down 33.47%, down 27.19%, up 49.14% comparing with the same period of last year and account for 31.60%, 9.73%, 8.47%, 8.22%, 6.22% of GERMANY's total imports and exports.
During the current year until 202202, 99, 87, 84, 85, 30 were GERMANY's top five traded commodities, with total import and export values of 77577.3695 million, 30351.3254 million, 29008.4496 million, 19549.1507 million, 14095.6011 million. These values correspond to 30.26%, 11.84%, 11.31%, 7.62%, 5.50% of GERMANY's total exports and, respectively, were up 4986.24%, down 27.27%, down 30.23%, down 30.74%, down 17.74% comparing to the same period of last year.
During the current year until 202202, 99, 27, 85, 84, 87 were GERMANY's top five traded commodities, with total import values of 80253.1737 million, 25048.0450 million, 21495.3784 million, 19605.5658 million, 11976.4023 million. These values correspond to 33.01%, 10.30%, 8.84%, 8.06%, 4.93% of GERMANY's total exports and, respectively, were up 4603.05%, up 66.63%, down 23.63%, down 29.55%, down 45.30% comparing to the same period of last year.
2. Current year until 202202, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202202, GERMANY-China binational exports and imports of goods amounted to 41758.9359 million and were up 14.23% comparing with the same period of last year. Among these, exports from GERMANY to China were 19318.7133 million and down 0.63%, imports from China to GERMANY were 22440.2226 million and up 31.10%. The total binational trade deficit was 3121.5092 million and down 234.33%.
During the urrent year until 202202, commodities with hs2 code, 85, 84, 87, 90, 29, were binational trade's top five traded commodities. They correspond to import and export values of 8943.9369 million, 7939.4628 million, 6722.0058 million, 2326.7118 million, 1555.3620 million and makes up 21.42%, 19.01%, 16.10%, 5.57%, 3.72% of the total binational imports and exports. These values were also up 7.79%, up 2.40%, up 14.83%, down 1.41%, up 130.64% comparing to the same period last year.
During the current year until 202202, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 5948.7920 million, 3383.5652 million, 3175.7999 million, 1509.3880 million, 817.5457 million. These values account for 30.79%, 17.51%, 16.44%, 7.81%, 4.23% of GERMANY's total exports and were up 11.32%, down 13.66%, down 7.76%, down 9.50%, down 4.76% comparing to the same period of last year.
During the current year until 202202, 85, 84, 29, 94, 38 were GERMANY's top five traded commodities importing from China , with import values of 5768.1370 million, 4555.8975 million, 1344.7514 million, 1090.3420 million, 823.5284 million. These values account for 25.70%, 20.30%, 5.99%, 4.86%, 3.67% of GERMANY's total imports and were up 18.81%, up 18.81%, up 221.71%, up 28.15%, up 652.61% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat