In 2023, Germany imported around ***** billion euros worth of goods from China. This was a decrease compared to 2022, which showed the ******* value within this time period, at almost *** billion euros worth of imported goods. Germany also exported around ** billion euros worth of goods to China, which was a decrease of almost nine percent compared to 2022. The volume of all imports and exports between Germany and China has therefore fallen by more than ** percent in 2023 compared to the previous year. Nevertheless, China is still, and has been since 2026, Germany's ************** foreign trade partner in terms of total foreign trade volume.

In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.

Germany recorded a trade surplus of 18.40 EUR Billion in May of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Germany Exports to China was US$97.78 Billion during 2024, according to the United Nations COMTRADE database on international trade. Germany Exports to China - data, historical chart and statistics - was last updated on July of 2025.

China Exports to Germany was US$107.06 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Germany - data, historical chart and statistics - was last updated on July of 2025.

Germany DE: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data was reported at 418.345 USD mn in May 2018. This records a decrease from the previous number of 453.058 USD mn for Apr 2018. Germany DE: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data is updated monthly, averaging 0.000 USD mn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 1.323 USD bn in Sep 2017 and a record low of -206.171 USD mn in Feb 1991. Germany DE: Trade Balance: Advanced Economies: China, People Republic: Hong Kong data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Germany – Table DE.IMF.DOT: Trade Balance: by Country: Monthly.

China Trade Balance: Advanced Economies: Germany data was reported at -2.942 USD bn in May 2018. This records a decrease from the previous number of -2.784 USD bn for Apr 2018. China Trade Balance: Advanced Economies: Germany data is updated monthly, averaging -151.192 USD mn from Jan 1981 (Median) to May 2018, with 449 observations. The data reached an all-time high of 1.247 USD bn in Oct 2008 and a record low of -3.976 USD bn in Mar 2015. China Trade Balance: Advanced Economies: Germany data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Monthly.

In 2023, China was the country with the highest trade surplus, with approximately ****** billion U.S. dollars. The leading trade nations Typically a trade surplus indicates a sign of economic success and a trade deficit indicates an economic weakness. However, if that were true, then the top four, China, Germany, Russia and Ireland, would be considered the best performing countries in the world. However, this would mean that the United States, Great Britain, India and France would be among the weakest nations considering that they are four countries with the highest trade deficit. In fact, they are leading industrial nations. While China is known for producing and exporting products at a competitive price, it has undervalued its exchange rate in order to promote exports. However, China is now working to reduce its reliance on exports even though they continue to export large and increasing quantities of goods. In the case of Germany, the value of the euro may not be high enough, however growth concerning the value of exports has slowed over the past few years. In contrast, the value of the dollar in the United States may be too high, favoring imports as opposed to exports.

China Trade Balance: Advanced Economies: Germany data was reported at -25.481 USD bn in 2017. This records a decrease from the previous number of -20.333 USD bn for 2016. China Trade Balance: Advanced Economies: Germany data is updated yearly, averaging -1.702 USD bn from Dec 1961 (Median) to 2017, with 41 observations. The data reached an all-time high of 3.307 USD bn in 2007 and a record low of -32.045 USD bn in 2014. China Trade Balance: Advanced Economies: Germany data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Annual.

The U.S. goods trade deficit with China increased by nearly ** billion U.S. dollars in 2024, as China still had the biggest impact on U.S. bilateral trade. This is according to seasonally adjusted trade date from within the United States. Following the results of the U.S. elections in 2024, discussions surfaced on the potential of tariffs for countries that have a large trade surplus with the United States. The president-elect stated that trade tariffs of ** percent and ** percent might be implemented for goods from China or Mexico, respectively. The effects of such measures on the forecast GDP growth across the world were not yet clear. In Europe, however, Germany might be the most affected economy when the U.S. does implement tariffs.

The exports of goods from Russia to China stood at around 69 billion U.S. dollars in 2021, marking an increase compared to the previous year. Russian merchandise imports into China gradually have increased in value since 2015, reaching nearly 72.7 billion U.S. dollars in 2021. Over the observed period, the trade balance of Russia with China was positive only in 2018 in 2019.

Trade in Russia

China was the leading export destination of Russian commodities as well as the major import partner of the country as of 2021. Germany listed in the third place by export value and ranked as the second largest origin of imports to the country over the same period. Russia is one of the leading exporters of goods worldwide. Fuels, minerals, and energy products are its major export commodity groups.

Russian trade in times of coronavirus

The coronavirus (COVID-19) pandemic affected all segments of the Russian economy, including international trade. Nonetheless, in February 2020, certain agricultural product exports from Russia to China experienced a positive growth. The especially significant increase was recorded for fish products at over 50 percent year-on-year. Further up-to-date statistics and facts about trade in Russia can be found in a dedicated topic page.

Key information about Germany Total Exports to China

• Germany Total Exports to China recorded 6.345 USD bn in Dec 2024, compared with 7.107 USD bn in the previous month
• Germany Total Exports to China data is updated monthly, available from Jan 2000 to Dec 2024, with an averaged value of 6.698 USD bn
• The data reached an all-time high of 12.280 USD bn in Mar 2021 and a record low of 547.438 USD mn in Jan 2000

China Trade Balance: Advanced Economies: Germany data was reported at -7.769 USD bn in Mar 2018. This records a decrease from the previous number of -6.490 USD bn for Dec 2017. China Trade Balance: Advanced Economies: Germany data is updated quarterly, averaging -463.100 USD mn from Mar 1981 (Median) to Mar 2018, with 149 observations. The data reached an all-time high of 1.969 USD bn in Dec 2008 and a record low of -9.840 USD bn in Jun 2014. China Trade Balance: Advanced Economies: Germany data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s China – Table CN.IMF.DOT: Trade Balance: by Country: Quarterly.

Russia's leading five export partners in 2023 were China, India, Turkey, Kazakhstan, and Brazil. The value of total exports from Russia to its major trade partner — China — exceeded 128 billion U.S. dollars. Trade between Russia and China China was not only the leading export destination of Russian commodities, but also the major import partner of the country. Prior to 2018, the value of Russian imports from China prevailed the Russian exports’ worth to the country. It was in 2018 when for the first time, the trade balance of Russia with China turned positive and amounted to about 3.8 billion U.S. dollars. Russia's primary export goods, mineral and energy products, were also the most imported commodities by China from the country. Russian trade with Europe Trade flows between Russia and the EU have been in decline over the past years. In 2023, the EU export value to Russia exceeded 38 billion U.S. dollars — roughly 12 billion U.S. dollars below the EU imports’ worth from Russia in that year. Germany was the major importer of Russian goods in the region.

Macau MO: Trade Balance: Advanced Economies: Germany data was reported at -201.605 USD mn in 2017. This records a decrease from the previous number of -189.039 USD mn for 2016. Macau MO: Trade Balance: Advanced Economies: Germany data is updated yearly, averaging 46.437 USD mn from Dec 1963 (Median) to 2017, with 54 observations. The data reached an all-time high of 204.668 USD mn in 1996 and a record low of -338.806 USD mn in 2014. Macau MO: Trade Balance: Advanced Economies: Germany data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Macau – Table MO.IMF.DOT: Trade Balance: by Country: Annual.

In 2024, Mexico was the top trading partner of the United States based on import value. In that year, U.S. imports from Mexico totaled to 505.85 billion U.S. dollars. China and Canada rounded out the top three as these countries continue to enjoy a close trading relationship under the United States-Mexico-Canada trade agreement. Germany and Japan were also high on the list, both providing the U.S. with over 140 billion dollars worth of imports in 2024.

Germany, China, and France are Italy's main import partners. In 2023, German exports to Italy were worth 88 billion euros, almost the double than what Italy imported from China and France, 47 and 45 billion euros respectively. In the same year, Italy exported goods worth 75 billion euros to Germany, with a positive trade balance of 13 billion euros. The main areas of origin of Italian imports are the European Union and East Asia.

Macau MO: Trade Balance: Advanced Economies: Germany data was reported at -58.449 USD mn in Mar 2018. This records a decrease from the previous number of -54.631 USD mn for Dec 2017. Macau MO: Trade Balance: Advanced Economies: Germany data is updated quarterly, averaging 15.294 USD mn from Mar 1963 (Median) to Mar 2018, with 199 observations. The data reached an all-time high of 72.474 USD mn in Jun 1996 and a record low of -92.457 USD mn in Jun 2014. Macau MO: Trade Balance: Advanced Economies: Germany data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Macau – Table MO.IMF.DOT: Trade Balance: by Country: Quarterly.

Germany's total Imports in 2024 were valued at US$1.43 Trillion, according to the United Nations COMTRADE database on international trade. Germany's main import partners were: China, the Netherlands and the United States. The top three import commodities were: Electrical, electronic equipment; Machinery, nuclear reactors, boilers and Vehicles other than railway, tramway. Total Exports were valued at US$1.69 Trillion. In 2024, Germany had a trade surplus of US$258.07 Billion.

The statistic shows a ranking of the top 20 import countries worldwide in 2023. In 2023, the U.S. was the leading import country in the world with an import value of about **** trillion U.S. dollars. Import and export worldwide Import and export are generally important pillars of a country’s economy. The trade balance of a country shows the relationship between the values of a country’s imports and exports. If the balance is positive, i.e. if the value of exports is higher than that of imports, it is called a trade surplus. If it is negative and import values exceed export values, it represents a trade deficit. Worldwide trade is regulated by the World Trade Organization (WTO). It provides a framework for trade agreements and helps in resolving disputes. Since its foundation in 1995, more than 150 countries have become members of the WTO and obligated themselves to follow its regulations. The worldwide export volume in trade since 1950 has tripled, and a similar development can be observed in the worldwide import trade volume since 1950. Europe is leading the ranking regarding the value of worldwide export volume of trade by region, but the value of goods exported by Asia is almost up to par. Both continents are also the top destination regions of inter-regional trade worldwide. The United States, China, and Germany are the leading import countries worldwide, and also the leading export countries worldwide, albeit in a different order. The top traded goods and commodities are oil and fuel, electronic equipment, and machinery. The volume of commodities traded worldwide has increased dramatically over the past few years.