1. Overview the trade of GERMANY in goods current year until 202205
According to Dalian Infobank, in 202205, GERMANY's exports and imports of goods amounted to 279172.0734 million, and were up 11.07% comparing with the same period of last year. Among these, exports were up 5.66% at 140959.0347 million, and imports were up 17.20% at 138213.0387 million. And the corresponding trade surplus was 2745.9960 million and down 82.27%.
During the current year until 202205, GERMANY's total exports and imports of goods were 1349644.5703 million and were up 8.67% comparing to the same period of last year. Among these, exports were 688777.1389 million and up 2.65%; imports were 660867.4314 million and up 15.74%. The total trade surplus was 27909.7075 million and down 72.09%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202205, GERMANY's imports and exports to five countries/territories were 136249.7411 million, 110221.4271 million, 94306.4697 million, 84012.5259 million, 78586.3074 million. These values correspond to 10.10%, 8.17%, 6.99%, 6.22%, 5.82% of GERMANY's imports and exports, and, respectively, were up 14.73%, up 13.17%, up 12.04%, up 1.92%, up 3.79% comparing to the same period of last year.
Current year until 202205, GERMANY and the top five trade partners UNITED STATES, FRANCE, CHINA, NETHERLANDS, POLAND are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202205, GERMANY's exports to these five countries/territories were 65902.4067 million, 51164.2990 million, 49449.7245 million, 47874.5427 million, 39648.9509 million. These values correspond to 9.57%, 7.43%, 7.18%, 6.95%, 5.76% of GERMANY's exports and, respectively, were up 12.84%, up 0.96%, down 5.45%, up 8.70%, up 4.88% comparing with the same period of last year.
Current year until 202205, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, POLAND, BELGIUM, ITALY are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202205, GERMANY's imports from these five countries/territories were 88375.1985 million, 60771.7026 million, 38937.3566 million, 37266.8928 million, 33363.5020 million. These values correspond to 13.37%, 9.20%, 5.89%, 5.64%, 5.05% of GERMANY's total imports and, respectively, were up 18.29%, up 34.76%, up 2.71%, up 15.00%, up 2.20% comparing with the same period of last year.
During the current year until 202205, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 37498.3438 million, 18316.0720 million, 17232.6753 million, 9575.8699 million, 7830.5013 million, and up 14.89%, down 3.23%, down 6.21%, up 10.53%, up 8.19%. 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, IRELAND, BELGIUM, CHINA at 40500.6558 million, 22309.9396 million, 12878.9076 million, 11757.9585 million, 11321.9781 million, and up 32.07%, up 193.97%, up 69.58%, up 55.35%, down 257.15%.
Current year until 202205, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202205, commodities with hs2 codes, 84, 87, 85, 27, 30, were GERMANY's top five traded commodities. They correspond to the import and export values of 179862.8540 million, 161118.3862 million, 149676.1824 million, 111321.8306 million, 84298.6951 million, which were down 3.33%, down 6.97%, up 2.71%, up 99.97%, up 6.44% comparing with the same period of last year and account for 13.33%, 11.94%, 11.09%, 8.25%, 6.25% of GERMANY's total imports and exports.
During the current year until 202205, 84, 87, 85, 30, 39 were GERMANY's top five traded commodities, with total import and export values of 106240.4199 million, 105034.9119 million, 71318.5796 million, 51833.9094 million, 36805.6727 million. These values correspond to 15.42%, 15.25%, 10.35%, 7.53%, 5.34% of GERMANY's total exports and, respectively, were down 5.78%, down 7.29%, down 2.62%, up 10.90%, up 9.20% comparing to the same period of last year.
During the current year until 202205, 27, 85, 84, 87, 29 were GERMANY's top five traded commodities, with total import values of 83970.3044 million, 78357.6028 million, 73622.4341 million, 56083.4743 million, 33962.5259 million. These values correspond to 12.71%, 11.86%, 11.14%, 8.49%, 5.14% of GERMANY's total exports and, respectively, were up 104.69%, up 8.11%, up 0.43%, down 6.37%, up 103.37% comparing to the same period of last year.
2. Current year until 202205, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202205, GERMANY-China binational exports and imports of goods amounted to 110221.4271 million and were up 13.17% comparing with the same period of last year. Among these, exports from GERMANY to China were 49449.7245 million and down 5.45%, imports from China to GERMANY were 60771.7026 million and up 34.76%. The total binational trade deficit was 11321.9781 million and down 257.15%.
During the urrent year until 202205, 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 22383.9163 million, 20206.7325 million, 16448.9420 million, 12051.4658 million, 6066.3931 million and makes up 20.31%, 18.33%, 14.92%, 10.93%, 5.50% of the total binational imports and exports. These values were also up 7.20%, down 2.73%, up 2.99%, up 582.59%, down 3.93% comparing to the same period last year.
During the current year until 202205, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 14602.0022 million, 9307.3669 million, 8393.7897 million, 4200.8920 million, 2139.5804 million. These values account for 29.53%, 18.82%, 16.97%, 8.50%, 4.33% of GERMANY's total exports and were up 0.86%, down 13.29%, down 4.83%, down 7.02%, up 0.63% comparing to the same period of last year.
During the current year until 202205, 85, 29, 84, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 13990.1266 million, 11540.9602 million, 10899.3656 million, 2506.2089 million, 1865.5011 million. These values account for 23.02%, 18.99%, 17.93%, 4.12%, 3.07% of GERMANY's total imports and were up 16.00%, up 879.51%, up 8.56%, up 22.24%, up 3.85% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat