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Germany recorded a trade surplus of 16 EUR Billion in January of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
The statistic shows Germany's trade balance of goods from 2013 to 2023. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2023, Germany's trade surplus amounted to around 241.6 billion U.S. dollars.
The timeline shows the total value of U.S. trade in goods (export and import) with Germany from 2000 to 2022. In 2023, the total value of U.S. trade in goods with Germany amounted to about 236 billion U.S. dollars; composed of exports worth 77 billion U.S. dollars and imports of 160 billion U.S. dollars.
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.
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Germany Exports to China was US$62.14 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 March of 2025.
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The U.S. goods trade deficit with China increased by nearly 20 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 60 percent and 25 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.
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Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Germany (XTNTVA01DEQ667S) from Q1 1957 to Q4 2024 about Germany, trade, Net, and goods.
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Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Germany (XTNTVA01DEM667S) from Jan 1957 to Dec 2024 about Germany, trade, Net, and goods.
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Germany DE: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data was reported at 0.069 USD mn in 2017. This records an increase from the previous number of 0.059 USD mn for 2016. Germany DE: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa data is updated yearly, averaging 0.332 USD mn from Dec 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 16.217 USD mn in 2004 and a record low of 0.022 USD mn in 2012. Germany DE: Trade Balance: Emerging and Developing Economies: Emerging and Developing Asia: American Samoa 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: Annual.
This statistic shows the 20 countries with the highest trade surplus worldwide in 2023. In 2023, China was the country with the highest trade surplus with approximately 823.22 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.
The statistic shows the trade balance of goods (exports minus imports of goods) in the DACH countries in Europe from 2013 to 2023. The DACH region includes Germany, Austria, and Switzerland. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2023, the trade deficit of goods in Austria amounted to about 0.99 billion U.S. dollars.
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External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
The balance of trade of EU member states for intra-EU trade shows us which states are the exporters and which states are the importers throughout the union. Over the period since 2002, France has consistently been the country which runs the largest trade deficit (when imports are greater than exports) with the rest of the EU, while the Netherlands has consistently run the largest trade surplus (exports greater than imports). The two most significant shifts that have occurred over this period has been the transformation of Germany from an exporter to an importer (although this only applies within the EU) and the rise of Belgium, Poland, and Czechia as export powers.
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United States Imports from Germany of Balances of a Sensitivity of 50mg or Better was US$11.1 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Germany of Balances of a Sensitivity of 50mg or Better - data, historical chart and statistics - was last updated on March of 2025.
With most European Union (EU) countries, Ukraine had a negative trade balance, or trade deficit. The highest trade deficit was recorded for Germany, at three billion U.S. dollars, in 2023. Ukraine's highest trade surplus was with Romania, as the value of exports to that country exceeded the value of imports from it by around 2.2 billion U.S. dollars.
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Germany Imports from New Zealand of Balances of a Sensitivity of 50mg or Better was US$1.82 Thousand during 2021, according to the United Nations COMTRADE database on international trade. Germany Imports from New Zealand of Balances of a Sensitivity of 50mg or Better - data, historical chart and statistics - was last updated on February of 2025.
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Germany DE: BOP: Current Account: Net Trade: Goods data was reported at 249.854 USD bn in 2023. This records an increase from the previous number of 142.277 USD bn for 2022. Germany DE: BOP: Current Account: Net Trade: Goods data is updated yearly, averaging 75.152 USD bn from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 290.291 USD bn in 2017 and a record low of 4.791 USD bn in 1971. Germany DE: BOP: Current Account: Net Trade: Goods data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Balance of Payments: Current Account. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files.;;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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Germany DE: BOP: Current Account: Trade in Services: % of GDP data was reported at 21.116 % in 2023. This records a decrease from the previous number of 21.654 % for 2022. Germany DE: BOP: Current Account: Trade in Services: % of GDP data is updated yearly, averaging 9.286 % from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 21.654 % in 2022 and a record low of 4.914 % in 1973. Germany DE: BOP: Current Account: Trade in Services: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.World Bank.WDI: Balance of Payments: Current Account. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.;International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.;Weighted average;Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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Germany Exports of balances of a sensitivity of 50mg or better to Belgium was US$1.42 Million during 2024, according to the United Nations COMTRADE database on international trade. Germany Exports of balances of a sensitivity of 50mg or better to Belgium - data, historical chart and statistics - was last updated on March of 2025.
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Germany recorded a trade surplus of 16 EUR Billion in January of 2025. This dataset provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.