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Monitor Report of GERMANY trade and GERMANY-China binational trade in 202211

 1.  Overview the trade of GERMANY in goods current year until 202211

According to Dalian Infobank, in 202211GERMANY's exports and imports of goods amounted to 269083.4641 million, and were down 2.18% comparing with the same period of last year. Among these, exports were down 4.69% at 137670.6402 million, and imports were up 0.60% at 131412.8239 million. And the corresponding trade surplus was 6257.8163 million and down 54.71%.

During the current year until 202211, GERMANY's total exports and imports of goods were 2959446.3989 million and were up 5.67% comparing to the same period of last year. Among these, exports were 1514042.2075 million and up 0.67%; imports were 1445404.1914 million and up 11.48%. The total trade surplus was 68638.0162 million and down 66.92%.

If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, INTRA-EU were GERMANY's top five trading partners. During the current year until 202211, GERMANY's imports and exports to five countries/territories were 272670.1561 million, 231782.5414 million, 217233.2691 million, 165823.2697 million, 159645.6500 million. These values correspond to 9.21%, 7.83%, 7.34%, 5.60%, 5.39% of GERMANY's imports and exports, and, respectively, were up 0.29%, up 5.85%, up 13.52%, down 9.41%, 0 comparing to the same period of last year.

Current year until 202211, GERMANY and the top five trade partners UNITED STATES, CHINA, FRANCE, NETHERLANDS, POLAND are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202211, GERMANY's exports to these five countries/territories were 150458.3948 million, 103960.7927 million, 101020.6368 million, 93957.1190 million, 79426.1786 million. These values correspond to 9.94%, 6.87%, 6.67%, 6.21%, 5.25% of GERMANY's exports and, respectively, were up 13.34%, down 8.90%, down 9.61%, down 5.60%, down 6.74% comparing with the same period of last year.

Current year until 202211, 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 202211, GERMANY's imports from these five countries/territories were 178713.0371 million, 127821.7487 million, 81403.9800 million, 78518.2973 million, 77066.5679 million. These values correspond to 12.36%, 8.84%, 5.63%, 5.43%, 5.33% of GERMANY's total imports and, respectively, were up 3.69%, up 21.91%, 0, down 7.82%, down 2.98% comparing with the same period of last year.

During the current year until 202211, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 83683.5205 million, 36218.0039 million, 34639.9527 million, 21083.1403 million, 19200.8414 million, and up 12.89%, down 10.53%, down 17.08%, up 0.52%, up 12.06%. 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, BELGIUM, IRELAND at 84755.9181 million, 52005.5692 million, 23860.9560 million, 23331.8385 million, 21905.6171 million, and up 16.39%, up 149.34%, down 357.32%, down 1.32%, up 37.53%.

Current year until 202211, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202211,  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 371890.6323 million, 340977.5291 million, 324295.2642 million, 244059.0156 million, 176816.1413 million, which were down 9.73%, down 6.12%, down 1.30%, up 63.30%, down 2.56% comparing with the same period of last year and account for 12.57%, 11.52%, 10.96%, 8.25%, 5.97% of GERMANY's total imports and exports.

During the current year until 202211, 87, 84, 85, 30, 99 were GERMANY's top five traded commodities, with total import and export values of 225015.7055 million, 221647.2525 million, 152973.5355 million, 108707.8311 million, 86612.9516 million. These values correspond to 14.86%, 14.64%, 10.10%, 7.18%, 5.72% of GERMANY's total exports and, respectively, were down 5.19%, down 11.34%, down 6.76%, up 0.29%, up 749.46% comparing to the same period of last year.

During the current year until 202211, 27, 85, 84, 87, 99 were GERMANY's top five traded commodities, with total import values of 186456.2604 million, 171321.7287 million, 150243.3798 million, 115961.8236 million, 90030.2224 million. These values correspond to 12.90%, 11.85%, 10.39%, 8.02%, 6.23% of GERMANY's total exports and, respectively, were up 69.34%, up 4.13%, down 7.24%, down 7.88%, up 806.14% comparing to the same period of last year.


2. Current year until 202211, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202211, GERMANY-China binational exports and imports of goods amounted to 231782.5414 million and were up 5.85% comparing with the same period of last year. Among these, exports from GERMANY to China were 103960.7927 million and down 8.90%, imports from China to GERMANY were 127821.7487 million and up 21.91%. The total binational trade deficit was 23860.9560 million and down 357.32%.

During the urrent year until 202211, 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 52281.9948 million, 42800.3310 million, 33098.8733 million, 17884.2331 million, 13612.8554 million and makes up 22.56%, 18.47%, 14.28%, 7.72%, 5.87% of the total binational imports and exports. These values were also up 8.18%, down 7.01%, down 1.99%, up 342.52%, down 4.40% comparing to the same period last year.

During the current year until 202211, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 28926.9535 million, 20345.7612 million, 18330.1485 million, 9304.7761 million, 4461.6366 million. These values account for 27.82%, 19.57%, 17.63%, 8.95%, 4.29% of GERMANY's total exports and were down 4.37%, down 12.37%, down 5.94%, down 7.58%, down 6.87% comparing to the same period of last year.

During the current year until 202211, 85, 84, 29, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 33951.8463 million, 22454.5698 million, 16839.0590 million, 5042.6493 million, 4308.0793 million. These values account for 26.56%, 17.57%, 13.17%, 3.95%, 3.37% of GERMANY's total imports and were up 17.72%, down 1.55%, up 502.11%, up 1.20%, up 3.29% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat