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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202208

 1.  Overview the trade of GERMANY in goods current year until 202208

According to Dalian Infobank, in 202208GERMANY's exports and imports of goods amounted to 247949.9382 million, and were up 6.61% comparing with the same period of last year. Among these, exports were up 0.27% at 123528.4217 million, and imports were up 13.76% at 124421.5165 million. And the corresponding trade deficit was 893.0948 million and down 106.46%.

During the current year until 202208, GERMANY's total exports and imports of goods were 2133957.7139 million and were up 7.07% comparing to the same period of last year. Among these, exports were 1087347.4846 million and up 1.24%; imports were 1046610.2293 million and up 13.89%. The total trade surplus was 40737.2553 million and down 73.72%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, INTRA-EU, FRANCE were GERMANY's top five trading partners. During the current year until 202208, GERMANY's imports and exports to five countries/territories were 191096.8519 million, 171139.1929 million, 154469.3514 million, 141690.7200 million, 117624.5952 million. These values correspond to 8.96%, 8.02%, 7.24%, 6.64%, 5.51% of GERMANY's imports and exports, and, respectively, were down 0.82%, up 10.10%, up 12.65%, 0, down 10.10% comparing to the same period of last year.

Current year until 202208, GERMANY and the top five trade partners UNITED STATES, CHINA, FRANCE, INTRA-EU, NETHERLANDS are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202208, GERMANY's exports to these five countries/territories were 106961.3021 million, 77107.4330 million, 71495.2634 million, 68870.4000 million, 66699.7581 million. These values correspond to 9.84%, 7.09%, 6.58%, 6.33%, 6.13% of GERMANY's exports and, respectively, were up 12.99%, down 6.93%, down 10.63%, 0, down 5.76% comparing with the same period of last year.

Current year until 202208, 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 202208, GERMANY's imports from these five countries/territories were 124397.0938 million, 94031.7599 million, 72820.3200 million, 54576.7411 million, 52609.4093 million. These values correspond to 11.89%, 8.98%, 6.96%, 5.21%, 5.03% of GERMANY's total imports and, respectively, were up 2.05%, up 29.54%, 0, down 9.73%, down 5.07% comparing with the same period of last year.

During the current year until 202208, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 59453.2529 million, 25365.9317 million, 24617.2628 million, 13421.3244 million, 13197.0235 million, and up 13.87%, down 12.99%, down 17.15%, down 5.69%, up 10.35%. 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, IRELAND, BELGIUM at 57697.3357 million, 39483.4738 million, 16924.3268 million, 16684.6718 million, 16391.2493 million, and up 12.88%, up 218.37%, down 264.95%, up 38.04%, up 1.57%.

Current year until 202208, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202208,  commodities with hs2 codes, 84, 87, 85, 27, 99, were GERMANY's top five traded commodities. They correspond to the import and export values of 266074.6105 million, 238380.8011 million, 224973.9998 million, 175590.3551 million, 153235.0577 million, which were down 10.40%, down 8.79%, down 3.45%, up 83.52%, up 956.46% comparing with the same period of last year and account for 12.47%, 11.17%, 10.54%, 8.23%, 7.18% of GERMANY's total imports and exports.

During the current year until 202208, 84, 87, 85, 30, 99 were GERMANY's top five traded commodities, with total import and export values of 158755.4067 million, 157163.4842 million, 107236.0760 million, 78516.2295 million, 74263.7905 million. These values correspond to 14.60%, 14.45%, 9.86%, 7.22%, 6.83% of GERMANY's total exports and, respectively, were down 12.15%, down 7.66%, down 8.81%, up 0.45%, up 914.79% comparing to the same period of last year.

During the current year until 202208, 27, 85, 84, 87, 99 were GERMANY's top five traded commodities, with total import values of 134752.9670 million, 117737.9238 million, 107319.2038 million, 81217.3168 million, 78971.2672 million. These values correspond to 12.88%, 11.25%, 10.25%, 7.76%, 7.55% of GERMANY's total exports and, respectively, were up 91.07%, up 2.02%, down 7.68%, down 10.89%, up 998.90% comparing to the same period of last year.


2. Current year until 202208, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202208, GERMANY-China binational exports and imports of goods amounted to 171139.1929 million and were up 10.10% comparing with the same period of last year. Among these, exports from GERMANY to China were 77107.4330 million and down 6.93%, imports from China to GERMANY were 94031.7599 million and up 29.54%. The total binational trade deficit was 16924.3268 million and down 264.95%.

During the urrent year until 202208, 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 36379.6952 million, 31639.1961 million, 24532.4931 million, 16700.6186 million, 9851.4771 million and makes up 21.26%, 18.49%, 14.33%, 9.76%, 5.76% of the total binational imports and exports. These values were also up 7.79%, down 4.80%, up 3.14%, up 477.83%, down 4.75% comparing to the same period last year.

During the current year until 202208, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 21655.9804 million, 14976.9693 million, 13486.9281 million, 6847.0209 million, 3490.8869 million. These values account for 28.09%, 19.42%, 17.49%, 8.88%, 4.53% of GERMANY's total exports and were up 1.58%, down 12.50%, down 5.19%, down 7.40%, up 0.15% comparing to the same period of last year.

During the current year until 202208, 85, 84, 29, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 22892.7671 million, 16662.2267 million, 15899.8632 million, 3773.1843 million, 3004.4562 million. These values account for 24.35%, 17.72%, 16.91%, 4.01%, 3.20% of GERMANY's total imports and were up 17.24%, up 3.39%, up 699.53%, up 10.57%, up 1.92% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat