1.  Overview the trade of GERMANY in goods current year until 202207

According to Dalian Infobank, in 202207, GERMANY's exports and imports of goods amounted to 246221.4721 million, and were down 2.07% comparing with the same period of last year. Among these, exports were down 9.17% at 123950.0821 million, and imports were up 6.35% at 122271.3900 million. And the corresponding trade surplus was 1678.6921 million and down 92.19%.

During the current year until 202207, GERMANY's total exports and imports of goods were 1877624.2989 million and were up 6.66% comparing to the same period of last year. Among these, exports were 958065.2824 million and up 0.76%; imports were 919559.0164 million and up 13.58%. The total trade surplus was 38506.2660 million and down 72.73%.

If considering by country (region), NETHERLANDS, CHINA, INTRA-EU, UNITED STATES, FRANCE were GERMANY's top five trading partners. During the current year until 202207, GERMANY's imports and exports to five countries/territories were 164112.7221 million, 150896.9223 million, 147086.5500 million, 134538.1046 million, 101850.7107 million. These values correspond to 8.74%, 8.04%, 7.83%, 7.17%, 5.42% of GERMANY's imports and exports, and, respectively, were down 3.06%, up 10.39%, 0, up 11.73%, down 12.93% comparing to the same period of last year.

Current year until 202207, 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 202207, GERMANY's exports to these five countries/territories were 93528.2838 million, 71456.5800 million, 68078.9477 million, 61841.4605 million, 57541.0405 million. These values correspond to 9.76%, 7.46%, 7.11%, 6.45%, 6.01% of GERMANY's exports and, respectively, were up 11.85%, 0, down 7.78%, down 13.67%, down 7.73% comparing with the same period of last year.

Current year until 202207, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, INTRA-EU, POLAND, BELGIUM are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202207, GERMANY's imports from these five countries/territories were 106571.6816 million, 82817.9745 million, 75629.9700 million, 47195.9502 million, 45168.4979 million. These values correspond to 11.59%, 9.01%, 8.22%, 5.13%, 4.91% of GERMANY's total imports and, respectively, were down 0.33%, up 31.73%, 0, down 11.69%, down 6.45% comparing with the same period of last year.

During the current year until 202207, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 52518.4630 million, 21832.2103 million, 21503.0345 million, 11685.1299 million, 11226.0970 million, and up 12.18%, down 16.95%, down 18.66%, down 4.54%, up 9.73%. 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 49030.6411 million, 31106.0075 million, 15519.0948 million, 14739.0268 million, 14255.1123 million, and up 10.01%, up 191.67%, up 48.16%, down 234.58%, up 5.24%.

Current year until 202207, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202207,  commodities with hs2 codes, 84, 87, 85, 99, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 231255.5718 million, 208658.0665 million, 194211.2027 million, 157225.0446 million, 147398.8376 million, which were down 11.97%, down 12.87%, down 5.33%, up 1133.76%, up 80.51% comparing with the same period of last year and account for 12.32%, 11.11%, 10.34%, 8.37%, 7.85% of GERMANY's total imports and exports.

During the current year until 202207, 87, 84, 85, 99, 30 were GERMANY's top five traded commodities, with total import and export values of 137792.3401 million, 137751.1513 million, 92759.8419 million, 76148.4414 million, 68451.5027 million. These values correspond to 14.38%, 14.38%, 9.68%, 7.95%, 7.14% of GERMANY's total exports and, respectively, were down 11.86%, down 13.67%, down 10.22%, up 1102.28%, up 0.80% comparing to the same period of last year.

During the current year until 202207, 27, 85, 84, 99, 87 were GERMANY's top five traded commodities, with total import values of 113105.4647 million, 101451.3608 million, 93504.4205 million, 81076.6032 million, 70865.7265 million. These values correspond to 12.30%, 11.03%, 10.17%, 8.82%, 7.71% of GERMANY's total exports and, respectively, were up 87.64%, down 0.38%, down 9.34%, up 1164.87%, down 14.76% comparing to the same period of last year.

2. Current year until 202207, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202207, GERMANY-China binational exports and imports of goods amounted to 150896.9223 million and were up 10.39% comparing with the same period of last year. Among these, exports from GERMANY to China were 68078.9477 million and down 7.78%, imports from China to GERMANY were 82817.9745 million and up 31.73%. The total binational trade deficit was 14739.0268 million and down 234.58%.

During the urrent year until 202207, 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 31315.6726 million, 27651.6038 million, 22064.5425 million, 16274.1514 million, 8616.7505 million and makes up 20.75%, 18.32%, 14.62%, 10.78%, 5.71% of the total binational imports and exports. These values were also up 6.39%, down 5.32%, up 1.30%, up 551.97%, down 4.77% comparing to the same period last year.

During the current year until 202207, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 19596.3740 million, 13033.1447 million, 11706.3672 million, 6016.7076 million, 2987.5313 million. These values account for 28.78%, 19.14%, 17.20%, 8.84%, 4.39% of GERMANY's total exports and were down 0.22%, down 14.13%, down 6.22%, down 7.49%, down 1.29% comparing to the same period of last year.

During the current year until 202207, 85, 29, 84, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 19609.3053 million, 15562.8484 million, 14618.4591 million, 3299.3624 million, 2600.0430 million. These values account for 23.68%, 18.79%, 17.65%, 3.98%, 3.14% of GERMANY's total imports and were up 15.69%, up 815.19%, up 4.21%, up 13.74%, up 2.20% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat