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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202206

 1.  Overview the trade of GERMANY in goods current year until 202206

According to Dalian Infobank, in 202206GERMANY's exports and imports of goods amounted to 270483.2091 million, and were up 1.28% comparing with the same period of last year. Among these, exports were down 4.22% at 137336.3686 million, and imports were up 7.65% at 133146.8405 million. And the corresponding trade surplus was 4189.5282 million and down 78.74%.

During the current year until 202206, GERMANY's total exports and imports of goods were 1621456.3652 million and were up 7.45% comparing to the same period of last year. Among these, exports were 827325.6706 million and up 1.59%; imports were 794130.6946 million and up 14.32%. The total trade surplus was 33194.9760 million and down 72.27%.

If considering by country (region), INTRA-EU, NETHERLANDS, CHINA, UNITED STATES, FRANCE were GERMANY's top five trading partners. During the current year until 202206, GERMANY's imports and exports to five countries/territories were 163139.0400 million, 134995.0495 million, 131761.9365 million, 115873.6087 million, 83950.4412 million. These values correspond to 10.06%, 8.33%, 8.13%, 7.15%, 5.18% of GERMANY's imports and exports, and, respectively, were 0, down 6.84%, up 11.70%, up 12.80%, down 16.42% comparing to the same period of last year.

Current year until 202206, GERMANY and the top five trade partners UNITED STATES, INTRA-EU, 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 202206, GERMANY's exports to these five countries/territories were 80999.8831 million, 79033.6800 million, 59060.5223 million, 51171.2642 million, 47781.4382 million. These values correspond to 9.79%, 9.55%, 7.14%, 6.19%, 5.78% of GERMANY's exports and, respectively, were up 14.43%, 0, down 7.54%, down 17.03%, down 10.75% comparing with the same period of last year.

Current year until 202206, GERMANY's exports to top five countries/territories NETHERLANDS, INTRA-EU, 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 202206, GERMANY's imports from these five countries/territories were 87213.6112 million, 84105.3600 million, 72701.4142 million, 38858.9516 million, 37253.9593 million. These values correspond to 10.98%, 10.59%, 9.15%, 4.89%, 4.69% of GERMANY's total imports and, respectively, were down 4.56%, 0, up 34.42%, down 15.65%, down 8.87% comparing with the same period of last year.

During the current year until 202206, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, SWITZERLAND, AUSTRIA at 46126.1574 million, 18392.0872 million, 17562.9260 million, 9618.0201 million, 9516.5022 million, and up 18.76%, down 19.68%, down 21.33%, up 10.75%, down 10.22%. 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, CHINA, BELGIUM at 39432.1730 million, 25499.1363 million, 13993.6680 million, 13640.8919 million, 11323.6337 million, and up 4.20%, up 182.50%, up 50.69%, down 239.36%, up 4.75%.

Current year until 202206, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202206,  commodities with hs2 codes, 84, 87, 99, 85, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 195439.2509 million, 174384.1011 million, 171570.9342 million, 162566.7397 million, 122089.8653 million, which were down 13.37%, down 16.27%, up 1522.70%, down 7.68%, up 79.40% comparing with the same period of last year and account for 12.05%, 10.75%, 10.58%, 10.03%, 7.53% of GERMANY's total imports and exports.

During the current year until 202206, 84, 87, 99, 85, 30 were GERMANY's top five traded commodities, with total import and export values of 116428.4513 million, 115738.5547 million, 82881.0243 million, 77809.5444 million, 59056.0413 million. These values correspond to 14.07%, 13.99%, 10.02%, 9.40%, 7.14% of GERMANY's total exports and, respectively, were down 14.85%, down 14.80%, up 1559.79%, down 12.19%, up 2.79% comparing to the same period of last year.

During the current year until 202206, 27, 99, 85, 84, 87 were GERMANY's top five traded commodities, with total import values of 93811.1262 million, 88689.9099 million, 84757.1954 million, 79010.7995 million, 58645.5465 million. These values correspond to 11.81%, 11.17%, 10.67%, 9.95%, 7.38% of GERMANY's total exports and, respectively, were up 86.79%, up 1489.52%, down 3.10%, down 11.10%, down 19.01% comparing to the same period of last year.


2. Current year until 202206, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202206, GERMANY-China binational exports and imports of goods amounted to 131761.9365 million and were up 11.70% comparing with the same period of last year. Among these, exports from GERMANY to China were 59060.5223 million and down 7.54%, imports from China to GERMANY were 72701.4142 million and up 34.42%. The total binational trade deficit was 13640.8919 million and down 239.36%.

During the urrent year until 202206, 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 26904.9739 million, 24015.8587 million, 19332.5525 million, 14952.0802 million, 7336.6879 million and makes up 20.42%, 18.23%, 14.67%, 11.35%, 5.57% of the total binational imports and exports. These values were also up 6.80%, down 4.12%, down 0.06%, up 603.80%, down 4.99% comparing to the same period last year.

During the current year until 202206, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 17194.4346 million, 11201.6023 million, 10074.7583 million, 5101.4755 million, 2502.1122 million. These values account for 29.11%, 18.97%, 17.06%, 8.64%, 4.24% of GERMANY's total exports and were down 1.87%, down 14.08%, down 5.50%, down 7.86%, down 3.42% comparing to the same period of last year.

During the current year until 202206, 85, 29, 84, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 16830.2156 million, 14337.1988 million, 12814.2564 million, 2921.7810 million, 2235.2124 million. These values account for 23.15%, 19.72%, 17.63%, 4.02%, 3.07% of GERMANY's total imports and were up 15.83%, up 892.54%, up 6.69%, up 17.16%, up 2.27% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat