1. Overview the trade of GERMANY in goods current year until 202210
According to Dalian Infobank, in 202210, GERMANY's exports and imports of goods amounted to 260707.5301 million, and were down 2.57% comparing with the same period of last year. Among these, exports were down 6.03% at 132890.3299 million, and imports were up 1.30% at 127817.2002 million. And the corresponding trade surplus was 5073.1297 million and down 66.70%.
During the current year until 202210, GERMANY's total exports and imports of goods were 2686699.5336 million and were up 6.38% comparing to the same period of last year. Among these, exports were 1373182.8890 million and up 1.00%; imports were 1313516.6447 million and up 12.66%. The total trade surplus was 59666.2443 million and down 69.19%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202210, GERMANY's imports and exports to five countries/territories were 272731.2185 million, 211003.8380 million, 195771.0090 million, 165255.7958 million, 157800.3967 million. These values correspond to 10.15%, 7.85%, 7.29%, 6.15%, 5.87% of GERMANY's imports and exports, and, respectively, were up 11.24%, up 6.84%, up 13.01%, down 0.09%, up 2.62% comparing to the same period of last year.
Current year until 202210, 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 202210, GERMANY's exports to these five countries/territories were 135762.3932 million, 100677.2835 million, 94424.4468 million, 93762.4313 million, 79295.0253 million. These values correspond to 9.89%, 7.33%, 6.88%, 6.83%, 5.77% of GERMANY's exports and, respectively, were up 13.13%, down 0.40%, down 9.06%, up 3.87%, up 2.87% comparing with the same period of last year.
Current year until 202210, 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 202210, GERMANY's imports from these five countries/territories were 178968.7872 million, 116579.3912 million, 78505.3714 million, 76581.1165 million, 65452.7241 million. These values correspond to 13.63%, 8.88%, 5.98%, 5.83%, 4.98% of GERMANY's total imports and, respectively, were up 15.53%, up 24.47%, up 2.37%, up 6.76%, down 0.06% comparing with the same period of last year.
During the current year until 202210, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 75753.7774 million, 36098.7711 million, 34725.9311 million, 20482.3551 million, 17284.9313 million, and up 13.42%, down 1.82%, down 7.45%, up 9.23%, up 16.16%. 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, BELGIUM, CHINA, IRELAND at 85206.3559 million, 47862.0014 million, 23589.9365 million, 22154.9444 million, 21192.4097 million, and up 31.82%, up 178.73%, up 12.05%, down 317.78%, up 45.23%.
Current year until 202210, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202210, 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 354541.0073 million, 325154.7675 million, 308522.5186 million, 233906.1825 million, 170035.2059 million, which were down 5.08%, down 0.63%, up 4.41%, up 80.46%, up 3.81% comparing with the same period of last year and account for 13.20%, 12.10%, 11.48%, 8.71%, 6.33% of GERMANY's total imports and exports.
During the current year until 202210, 87, 84, 85, 30, 39 were GERMANY's top five traded commodities, with total import and export values of 212547.6588 million, 210052.9584 million, 145700.1220 million, 103733.2826 million, 69934.4549 million. These values correspond to 15.48%, 15.30%, 10.61%, 7.55%, 5.09% of GERMANY's total exports and, respectively, were down 0.59%, down 7.48%, down 1.84%, up 5.44%, up 1.63% comparing to the same period of last year.
During the current year until 202210, 27, 85, 84, 87, 30 were GERMANY's top five traded commodities, with total import values of 177347.5243 million, 162822.3966 million, 144488.0489 million, 112607.1087 million, 66301.9233 million. These values correspond to 13.50%, 12.40%, 11.00%, 8.57%, 5.05% of GERMANY's total exports and, respectively, were up 86.20%, up 10.71%, down 1.37%, down 0.71%, up 1.37% comparing to the same period of last year.
2. Current year until 202210, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202210, GERMANY-China binational exports and imports of goods amounted to 211003.8380 million and were up 6.84% comparing with the same period of last year. Among these, exports from GERMANY to China were 94424.4468 million and down 9.06%, imports from China to GERMANY were 116579.3912 million and up 24.47%. The total binational trade deficit was 22154.9444 million and down 317.78%.
During the urrent year until 202210, 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 46569.8773 million, 38991.4245 million, 30350.4546 million, 17482.6532 million, 12271.5556 million and makes up 22.07%, 18.48%, 14.38%, 8.29%, 5.82% of the total binational imports and exports. These values were also up 7.77%, down 6.72%, down 1.00%, up 380.12%, down 4.91% comparing to the same period last year.
During the current year until 202210, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 26587.8723 million, 18396.0455 million, 16581.9488 million, 8439.7297 million, 4100.4135 million. These values account for 28.16%, 19.48%, 17.56%, 8.94%, 4.34% of GERMANY's total exports and were down 3.29%, down 13.10%, down 6.86%, down 8.06%, down 3.70% comparing to the same period of last year.
During the current year until 202210, 85, 84, 29, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 29987.9285 million, 20595.3790 million, 16522.8953 million, 4619.5341 million, 3831.8258 million. These values account for 25.72%, 17.67%, 14.17%, 3.96%, 3.29% of GERMANY's total imports and were up 18.02%, down 0.19%, up 559.17%, up 3.90%, up 2.87% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat