1. Overview the trade of GERMANY in goods current year until 202212
According to Dalian Infobank, in 202212, GERMANY's exports and imports of goods amounted to 253133.1822 million, and were down 1.78% comparing with the same period of last year. Among these, exports were down 0.77% at 131716.0009 million, and imports were down 2.84% at 121417.1813 million. And the corresponding trade surplus was 10298.8195 million and up 32.56%.
During the current year until 202212, GERMANY's total exports and imports of goods were 3225661.4939 million and were up 5.47% comparing to the same period of last year. Among these, exports were 1654702.3470 million and up 1.10%; imports were 1570959.1468 million and up 10.51%. The total trade surplus was 83743.2002 million and down 61.09%.
If considering by country (region), NETHERLANDS, CHINA, UNITED STATES, FRANCE, POLAND were GERMANY's top five trading partners. During the current year until 202212, GERMANY's imports and exports to five countries/territories were 328169.2677 million, 249391.6957 million, 236720.4927 million, 199614.8955 million, 190301.9827 million. These values correspond to 10.17%, 7.73%, 7.34%, 6.19%, 5.90% of GERMANY's imports and exports, and, respectively, were up 9.71%, up 4.07%, up 13.51%, up 0.33%, up 2.37% comparing to the same period of last year.
Current year until 202212, GERMANY and the top five trade partners UNITED STATES, FRANCE, NETHERLANDS, CHINA, POLAND are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202212, GERMANY's exports to these five countries/territories were 163447.4028 million, 121558.5676 million, 113729.0232 million, 112655.9989 million, 94815.2773 million. These values correspond to 9.88%, 7.35%, 6.87%, 6.81%, 5.73% of GERMANY's exports and, respectively, were up 12.80%, up 0.31%, up 4.28%, down 8.94%, up 2.09% comparing with the same period of last year.
Current year until 202212, 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 202212, GERMANY's imports from these five countries/territories were 214440.2446 million, 136735.6968 million, 95486.7054 million, 91800.5134 million, 78356.5189 million. These values correspond to 13.65%, 8.70%, 6.08%, 5.84%, 4.99% of GERMANY's total imports and, respectively, were up 12.83%, up 17.96%, up 2.64%, up 5.89%, down 0.71% comparing with the same period of last year.
During the current year until 202212, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, AUSTRIA, SWITZERLAND at 90174.3128 million, 43502.2398 million, 42461.2018 million, 25206.5172 million, 21097.3527 million, and up 11.00%, up 0.24%, down 5.60%, up 12.39%, up 12.28%. 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, IRELAND, CHINA at 100711.2214 million, 57356.7614 million, 27760.0424 million, 24837.1007 million, 24079.6978 million, and up 24.34%, up 125.26%, up 6.84%, up 41.83%, down 408.62%.
Current year until 202212, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202212, 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 429575.4513 million, 397010.1399 million, 376827.4413 million, 276074.8180 million, 203653.3889 million, which were down 4.37%, up 0.75%, up 4.98%, up 60.47%, up 3.19% comparing with the same period of last year and account for 13.32%, 12.31%, 11.68%, 8.56%, 6.31% of GERMANY's total imports and exports.
During the current year until 202212, 87, 84, 85, 30, 39 were GERMANY's top five traded commodities, with total import and export values of 258951.2598 million, 255487.7999 million, 177193.7961 million, 124067.6002 million, 81322.7129 million. These values correspond to 15.65%, 15.44%, 10.71%, 7.50%, 4.91% of GERMANY's total exports and, respectively, were up 0.77%, down 6.13%, down 0.58%, up 5.09%, down 0.44% comparing to the same period of last year.
During the current year until 202212, 27, 85, 84, 87, 30 were GERMANY's top five traded commodities, with total import values of 209334.9521 million, 199633.6453 million, 174087.6515 million, 138058.8801 million, 79585.7887 million. These values correspond to 13.33%, 12.71%, 11.08%, 8.79%, 5.07% of GERMANY's total exports and, respectively, were up 65.29%, up 10.46%, down 1.66%, up 0.71%, up 0.37% comparing to the same period of last year.
2. Current year until 202212, GERMANY binational trade profile
According to Dalian Infobank, during the current year until 202212, GERMANY-China binational exports and imports of goods amounted to 249391.6957 million and were up 4.07% comparing with the same period of last year. Among these, exports from GERMANY to China were 112655.9989 million and down 8.94%, imports from China to GERMANY were 136735.6968 million and up 17.96%. The total binational trade deficit was 24079.6978 million and down 408.62%.
During the urrent year until 202212, 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 56961.0227 million, 46358.6932 million, 35346.1095 million, 18216.2439 million, 14842.6583 million and makes up 22.84%, 18.59%, 14.17%, 7.30%, 5.95% of the total binational imports and exports. These values were also up 6.72%, down 7.90%, down 2.37%, up 310.38%, down 5.18% comparing to the same period last year.
During the current year until 202212, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 30760.9335 million, 22240.3224 million, 20003.6224 million, 10162.3823 million, 4861.6766 million. These values account for 27.31%, 19.74%, 17.76%, 9.02%, 4.32% of GERMANY's total exports and were down 4.89%, down 11.87%, down 5.91%, down 8.26%, down 4.53% comparing to the same period of last year.
During the current year until 202212, 85, 84, 29, 94, 90 were GERMANY's top five traded commodities importing from China , with import values of 36957.4003 million, 24118.3708 million, 17079.6614 million, 5342.9769 million, 4680.2760 million. These values account for 27.03%, 17.64%, 12.49%, 3.91%, 3.42% of GERMANY's total imports and were up 15.08%, down 3.90%, up 459.29%, down 2.48%, up 2.28% comparing with the same period of last year.
3.Analysis of import and export trends
Data Source: Eurostat