The timeline shows the total value of U.S. trade in goods (export and import) with Germany from 2000 to 2024. In 2024, the total value of U.S. trade in goods with Germany amounted to about 236 billion U.S. dollars; composed of exports worth 75.6 billion U.S. dollars and imports of 160.4 billion U.S. dollars.

Historical chart and dataset showing Germany trade balance by year from 1970 to 2023.

The United States recorded a trade deficit of 71.52 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus 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.

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.

United States Trade Balance: Germany: sa data was reported at -5.677 USD bn in May 2018. This records a decrease from the previous number of -5.595 USD bn for Apr 2018. United States Trade Balance: Germany: sa data is updated monthly, averaging -5.278 USD bn from Jan 2009 (Median) to May 2018, with 113 observations. The data reached an all-time high of -1.599 USD bn in May 2009 and a record low of -6.781 USD bn in May 2014. United States Trade Balance: Germany: sa data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Germany (XTNTVA01DEQ664S) from Q1 1950 to Q1 2025 about Germany, trade, Net, and goods.

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.

United States Trade Balance: Germany data was reported at -4.802 USD bn in Sep 2018. This records an increase from the previous number of -5.914 USD bn for Aug 2018. United States Trade Balance: Germany data is updated monthly, averaging -2.489 USD bn from Jan 1985 (Median) to Sep 2018, with 405 observations. The data reached an all-time high of 13.000 USD mn in Apr 1991 and a record low of -7.034 USD bn in Aug 2014. United States Trade Balance: Germany data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA010: Trade Statistics: Census Basis: By Country: Trade Balance.

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.

Key information about Germany's Trade Balance

• Germany's Trade Balance recorded a surplus of 16.6 USD bn in Jan 2025, compared with a surplus of 21.7 USD bn in the previous month
• Germany's Trade Balance data is updated monthly, available from Jan 1957 to Jan 2025, with an averaged value of 3.9 USD bn
• The data reached an all-time high of 28.7 USD bn in Jan 2008 and a record low of -443.5 USD mn in May 1991

CEIC converts monthly Trade Balance into USD. Deutsche Bundesbank provides Trade Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 1990 covers West Germany only and prior to January 1960 excludes Saarland.

Further information about Germany's Trade Balance

• In the latest reports, Germany's Total Exports reached 133.8 USD bn in Jan 2025, a decrease of 8.7% YoY (year-on-year)
• Total Imports recorded 117.2 USD bn in Jan 2025, an increase of 8.7% YoY (year-on-year)

United States US: Trade Balance: Advanced Economies: Germany data was reported at -64.252 USD bn in 2017. This records an increase from the previous number of -64.865 USD bn for 2016. United States US: Trade Balance: Advanced Economies: Germany data is updated yearly, averaging -4.055 USD bn from Dec 1948 (Median) to 2017, with 70 observations. The data reached an all-time high of 828.000 USD mn in 1948 and a record low of -74.193 USD bn in 2015. United States US: 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 USA – Table US.IMF.DOT: Trade Balance: by Country: Annual.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Germany (XTNTVA01DEA667S) from 1957 to 2024 about Germany, trade, Net, and goods.

Germany's exports fell by 1.4% in May, raising concerns over economic stability amid US tariff negotiations. Imports also dropped, affecting the trade balance.

United States US: Trade Balance: Advanced Economies: Germany data was reported at -15.907 USD bn in Mar 2018. This records an increase from the previous number of -17.250 USD bn for Dec 2017. United States US: Trade Balance: Advanced Economies: Germany data is updated quarterly, averaging -2.566 USD bn from Mar 1960 (Median) to Mar 2018, with 233 observations. The data reached an all-time high of 130.500 USD mn in Dec 1976 and a record low of -19.634 USD bn in Dec 2014. United States US: 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 USA – Table US.IMF.DOT: Trade Balance: by Country: Quarterly.

Germany DE: BOP: Current Account: Net Trade: Goods and Services data was reported at 173.846 USD bn in 2023. This records an increase from the previous number of 105.645 USD bn for 2022. Germany DE: BOP: Current Account: Net Trade: Goods and Services data is updated yearly, averaging 45.836 USD bn from Dec 1971 (Median) to 2023, with 53 observations. The data reached an all-time high of 265.989 USD bn in 2017 and a record low of -10.420 USD bn in 1992. Germany DE: BOP: Current Account: Net Trade: Goods and Services 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 and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. 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.

United States US: Trade Balance: Advanced Economies: Germany data was reported at -5.717 USD bn in May 2018. This records an increase from the previous number of -5.994 USD bn for Apr 2018. United States US: Trade Balance: Advanced Economies: Germany data is updated monthly, averaging -920.400 USD mn from Feb 1960 (Median) to May 2018, with 698 observations. The data reached an all-time high of 114.000 USD mn in Aug 1965 and a record low of -7.034 USD bn in Aug 2014. United States US: 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 USA – Table US.IMF.DOT: Trade Balance: by Country: Monthly.

Graph and download economic data for Current Account Balance: Total Trade of Goods for Germany (DISCONTINUED) (BPBLTD01DEQ637S) from Q1 1971 to Q1 2014 about current account, BOP, Germany, trade, and goods.

Germany DE: Trade Balance: Advanced Economies: United States data was reported at 5.217 USD bn in May 2018. This records a decrease from the previous number of 6.444 USD bn for Apr 2018. Germany DE: Trade Balance: Advanced Economies: United States data is updated monthly, averaging 437.215 USD mn from Feb 1960 (Median) to May 2018, with 697 observations. The data reached an all-time high of 8.657 USD bn in Mar 2018 and a record low of -690.204 USD mn in Jan 1992. Germany DE: Trade Balance: Advanced Economies: United States 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.

United States Trade Balance: European Union data was reported at -15.708 USD bn in Aug 2018. This records an increase from the previous number of -17.589 USD bn for Jul 2018. United States Trade Balance: European Union data is updated monthly, averaging -7.341 USD bn from Jan 1993 (Median) to Aug 2018, with 308 observations. The data reached an all-time high of 1.899 USD bn in Jan 1993 and a record low of -17.589 USD bn in Jul 2018. United States Trade Balance: European Union data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.JA009: Trade Statistics: Census Basis: By Region. Includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain, Sweden, and United Kingdom