After calendar and seasonal adjustment, Germany exported goods to the total value of 124.7 billion euros and imported goods to the value of 113.1 billion euros in February 2022. October 5, 2022. Analyst Value B () Last Revised. Merchandise exports dropped 2.1% in month on month in July, on the heels of June's 4.2% jump. Overview In July 2022, Germany exported 12.4B and imported 7.73B from United States, resulting in a positive trade balance of 4.69B.Between July 2021 and July 2022 the exports of Germany have increased by 1.59B (14.7%) from 10.8B to 12.4B, while imports increased by 2.18B (39.3%) from 5.55B to 7.73B. Germany trade balance for 2020 was $220.22B, a 0.26% increase from 2019. Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a EUR 106.4 billion sur in June, compared to the EUR 110.7 billion . Analyst Rank Points Value B () Delta To Actual. The trade surplus in Germany declined sharply to 4.9 billion in July of 2022 from 17.8 billion a year earlier, as imports surged 26.1% to 122.7 billion and exports rose at a much softer 10.8% to 127.6 billion. Read more. The People's Republic of China is again Germany's main trading partner According to preliminary results, goods worth 246.1 billion euros were traded between Germany and the People's Republic of China in 2021 (exports and imports). Last Revised. Cross-border sales unexpectedly fell by 0.5%, while imports rose 2.7%, much more . As a result, the merchandise trade balance improved from the previous month, rising to a EUR 6.4 billion surplus in June (May 2022: EUR 0.8 billion surplus; June 2021: EUR 13.5 billion surplus). Exports. Showing 2 /2. A positi. Germany Balance of Trade The trade surplus in Germany narrow sharply to 600 million in August of 2022, the lowest surplus since January of 1992, compared to 11.6 billion a year earlier. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product. As a result, the merchandise trade balance improved from the previous month, recording a EUR 11.5 billion sur in February (January: EUR 8.9 billion sur; February 2021: EUR Trade Balance surplus in Germany decreased to 550 EUR Million (0.554 B USD) in August 2022. Estimize Consensus 4 estimates included in consensus. As a result, the merchandise trade balance deteriorated from the previous month, recording a EUR 5.4 billion surplus in July (June 2022: EUR 6.2 billion surplus; July 2021: EUR 17.5 billion surplus). Germany trade balance for 2019 was $219.64B, a 10.46% decline from 2018. Exports to Russia accounted for 1.0 billion, with the country ranking 25th among the major countries of destination for German exports, compared to 14th a year earlier. Germany trade balance for 2021 was $233.64B, a 6.09% increase from 2020. The shortfall in May for Europe's biggest economy was 1 billion euros ($1 billion), a gap not seen since 1991. Germany Economic News. The foreign trade balance showed a surplus of 11.5 billion euros in February 2022. Showing 4 /4. Balance of Trade in Germany averaged 5664.51 EUR Million from 1950 until 2022, reaching an all time high of 25455.63 EUR Million in March of 2016 and a record low of -535.91 EUR Million in April of 1991. Germany trade to gdp ratio for 2021 was 89.39%, a 8.28% increase from 2020. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Latest Updates The trade surplus in Germany narrow sharply to 600 million in August of 2022, the lowest surplus since January of 1992, compared to 11.6 billion a year earlier. Meanwhile, merchandise imports fell 1.5% in monthly terms in July (June: +0.1% mom). Merchandise exports rose 6.4% over the previous month in February (January: -3.0% month-on-month). The maximum value was 25456 EUR Million and minimum was -536 EUR Million. Balance; January 2022 : February 2022 : March 2022 : April 2022 : May 2022 : June 2022 : July 2022 : August 2022 : TOTAL 2022: 2021 : U.S. trade in goods with Germany . A positive trade. Data published Monthly by Federal Statistical Office. As a result, the goods trade balance deteriorated month-on-month, fluctuating to a deficit of EUR 1.0bn in May (April 2022: EUR 3.1bn surplus; May 2021: EUR 13.4bn surplus). Analysis. U.S. International Trade in Goods and Services, January 2022 The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $89.7 billion in January, up $7.7 billion from $82.0 billion in December, revised. . Richard Partington Economics correspondent @ RJPartington Mon 4 Jul 2022 09.41 EDT Germany has recorded its first monthly trade deficit since 1991 amid soaring inflation and supply chain. This page provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. All Estimates for AUG 2022 View all-time analyst rankings for Germany Balance of Trade. Data released Monday showed that in May, Germany posted a foreign trade deficit of 1 billion euros ($1.03 billion). All Estimates for JAN 2022 View all-time analyst rankings for Germany Balance of Trade. Exports jumped 21.2% year-on-year to 126.7 billion and imports surged 35.7% to 126.1 billion. Meanwhile, merchandise imports increased 4.5% in monthly terms in February (January: -4.0% mom). Merchandise exports jumped 4.5% month on month in June, following May's 1.3% rise. Germany trade to gdp ratio for 2020 was 81.11%, a 6.49% decline from 2019. Germany trade to gdp ratio for 2019 was 87.60%, a 0.83% decline from 2018. Historical Data (EUR Million) by years Data Period Date Historical Chart by chancellors (EUR Million) Angela Merkel Download Historical Data Exports, Imports, and Balance (exhibit 1) Chart. Germany trade balance for 2018 was $245.31B, a 6.24% decline from 2017. September 29, 2022 Arthursen Arthursen 5.0 Jul. Exports. Germany's surplus from trade in goods in 2020 contrasted with a deficit from trade in services: the country exported goods worth USD 1.380 billion (a decrease of 7.3% year-on-year), importing a total of USD 1.170 billion (-5.1% - WTO). Germany Trade Balance Germany Trade Balance 1.20B EUR for Aug 2022 Watchlist Overview Interactive Chart Level Chart View Full Chart No data available Historical Data View and export this data back to 2007. Reported Values Germany Balance of Trade 3.5 03/04/22. More Changes as of 2022 Changes to reporting obligations for ITGS from 2022 onwards MTS_Insights Jacob Hess 4.0 10/04/22 show. Details may not equal totals due to rounding. Upgrade now. This marks a significant moment for the German economy, which had reported. July 4, 2022 BERLIN For the first time in more than three decades, Germany has posted a monthly trade deficit, the most recent sign that Europe's largest economy is facing stress because of. Merchandise exports rose 1.6% in month on month in August, swinging from July's 1.6% increase. Given the market's current predisposition with a rebalancing of risks among global central banks, they may be more sensitive to the dovish bits in today's meeting - like continued vagueness on QT. 5.6 show. Meanwhile, merchandise imports increased 0.2% on a monthly basis in June (May: +3.2% mom). As a result, the merchandise trade balance improved from the previous month, rising to a EUR 6.4 billion sur in June (May 2022: EUR 0.8 billion sur; June 2021: EUR 13.5 billion sur). Trade balance is the value of exported goods minus the value of imported goods. Germany: Merchandise exports rebound in August, but outlook clouded. 7.0 . Thursday, October 27, 2022 5:23 AM EDT The ECB is likely to hike by 75bp and attempt a first reduction of its balance sheet via the TLTROs. Impact: Overview The trade surplus in Germany narrow sharply to 600 million in August of 2022, the lowest surplus since January of 1992, compared to 11.6 billion a year earlier. BERLIN, April 4 (Reuters) - German exports and imports jumped more than expected in February, the Federal Statistics Office said on Monday, with the effects of the war in Ukraine yet to be. Analysis. The Trade Balance released by the Statistiches Bundesamt Deutschland is a balance between exports and imports of total goods and services. Chart. Oct 26, 2022 The statistic shows Germany's trade balance of goods from 2011 to 2021. Data are in current U.S. dollars. 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