1. Overview the trade of GERMANY in goods current year until 202204
According to Dalian Infobank, in 202204, GERMANY's exports and imports of goods amounted to 256209.4767 million, and were up 2.46% comparing with the same period of last year. Among these, exports were down 6.07% at 126306.8866 million, and imports were up 12.40% at 129902.5901 million. And the corresponding trade deficit was 3595.7035 million and down 119.02%.
During the current year until 202204, GERMANY's total exports and imports of goods were 1063106.8129 million and were up 7.32% comparing to the same period of last year. Among these, exports were 541912.2066 million and up 0.81%; imports were 521194.6064 million and up 15.04%. The total trade surplus was 20717.6002 million and down 75.49%.
If considering by country (region), INTRA-EU, CHINA, NETHERLANDS, UNITED STATES, FRANCE were GERMANY's top five trading partners. During the current year until 202204, GERMANY's imports and exports to five countries/territories were 154928.0800 million, 87132.7671 million, 79992.7993 million, 73939.0592 million, 50410.4282 million. These values correspond to 14.57%, 8.20%, 7.52%, 6.95%, 4.74% of GERMANY's imports and exports, and, respectively, were 0, up 11.29%, down 14.77%, up 8.98%, down 23.89% comparing to the same period of last year.
Current year until 202204, GERMANY and the top five trade partners INTRA-EU, UNITED STATES, CHINA, FRANCE, NETHERLANDS are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202204, GERMANY's exports to these five countries/territories were 73893.7700 million, 51723.1470 million, 39703.0815 million, 30786.0568 million, 28419.4630 million. These values correspond to 13.64%, 9.54%, 7.33%, 5.68%, 5.24% of GERMANY's exports and, respectively, were 0, up 9.24%, down 5.46%, down 24.11%, down 18.85% comparing with the same period of last year.
Current year until 202204, GERMANY's exports to top five countries/territories INTRA-EU, NETHERLANDS, 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 202204, GERMANY's imports from these five countries/territories were 81034.3100 million, 51573.3364 million, 47429.6856 million, 23107.6989 million, 22231.4782 million. These values correspond to 15.55%, 9.90%, 9.10%, 4.43%, 4.27% of GERMANY's total imports and, respectively, were 0, down 12.34%, up 30.65%, down 23.14%, down 11.25% comparing with the same period of last year.
During the current year until 202204, the trade surplus of GERMANY was mainly from UNITED STATES, UNITED KINGDOM, FRANCE, SWITZERLAND, AUSTRIA at 29507.2348 million, 11371.1123 million, 11161.6854 million, 6044.3121 million, 5624.9989 million, and up 9.92%, down 25.03%, down 25.13%, down 5.50%, down 17.49%. And the trade deficits were mainly from NETHERLANDS, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, CHINA, INTRA-EU, BELGIUM at 23153.8734 million, 18628.3576 million, 7726.6041 million, 7140.5400 million, 6984.1079 million, and down 2.78%, up 208.33%, down 235.77%, 0, up 35.64%.
Current year until 202204, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202204, 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 160053.0169 million, 123608.6255 million, 108502.1420 million, 103114.9912 million, 78458.4361 million, which were up 2206.14%, down 17.05%, down 23.13%, down 12.00%, up 80.37% comparing with the same period of last year and account for 15.06%, 11.63%, 10.21%, 9.70%, 7.38% of GERMANY's total imports and exports.
During the current year until 202204, 99, 84, 87, 85, 30 were GERMANY's top five traded commodities, with total import and export values of 76245.1753 million, 73712.9528 million, 72732.0356 million, 49320.7696 million, 36168.3036 million. These values correspond to 14.07%, 13.60%, 13.42%, 9.10%, 6.67% of GERMANY's total exports and, respectively, were up 2280.69%, down 18.31%, down 21.49%, down 16.13%, down 2.98% comparing to the same period of last year.
During the current year until 202204, 99, 27, 85, 84, 87 were GERMANY's top five traded commodities, with total import values of 83807.8416 million, 60788.9580 million, 53794.2216 million, 49895.6727 million, 35770.1064 million. These values correspond to 16.08%, 11.66%, 10.32%, 9.57%, 6.86% of GERMANY's total exports and, respectively, were up 2142.26%, up 91.02%, down 7.85%, down 15.12%, down 26.28% comparing to the same period of last year.
2. Current year until 202204, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202204, GERMANY-China binational exports and imports of goods amounted to 87132.7671 million and were up 11.29% comparing with the same period of last year. Among these, exports from GERMANY to China were 39703.0815 million and down 5.46%, imports from China to GERMANY were 47429.6856 million and up 30.65%. The total binational trade deficit was 7726.6041 million and down 235.77%.
During the urrent year until 202204, commodities with hs2 code, 85, 84, 87, 29, 90, were binational trade's top five traded commodities. They correspond to import and export values of 17863.7178 million, 16253.3315 million, 13242.9664 million, 7794.5411 million, 4827.6829 million and makes up 20.50%, 18.65%, 15.20%, 8.95%, 5.54% of the total binational imports and exports. These values were also up 6.01%, down 3.00%, up 1.15%, up 452.44%, down 3.35% comparing to the same period last year.
During the current year until 202204, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 11762.3464 million, 7335.2023 million, 6719.2169 million, 3320.8208 million, 1640.4379 million. These values account for 29.63%, 18.48%, 16.92%, 8.36%, 4.13% of GERMANY's total exports and were down 1.26%, down 14.44%, down 4.69%, down 6.93%, down 1.34% comparing to the same period of last year.
During the current year until 202204, 85, 84, 29, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 11144.5009 million, 8918.1292 million, 7381.2166 million, 2027.3465 million, 1506.8622 million. These values account for 23.50%, 18.80%, 15.56%, 4.27%, 3.18% of GERMANY's total imports and were up 13.71%, up 8.99%, up 692.07%, up 21.62%, up 5.60% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat