1.  Overview the trade of GERMANY in goods current year until 202302

According to Dalian Infobank, in 202302, GERMANY's exports and imports of goods amounted to 265619.8977 million, and were down 1.12% comparing with the same period of last year. Among these, exports were up 0.52% at 141879.1387 million, and imports were down 2.93% at 123740.7589 million. And the corresponding trade surplus was 18138.3798 million and up 32.61%.

During the current year until 202302, GERMANY's total exports and imports of goods were 526138.9141 million and were up 2.15% comparing to the same period of last year. Among these, exports were 277525.2341 million and up 3.78%; imports were 248613.6800 million and up 0.39%. The total trade surplus was 28911.5541 million and up 46.31%.

If considering by country (region), NETHERLANDS, UNITED STATES, FRANCE, CHINA, POLAND were GERMANY's top five trading partners. During the current year until 202302, GERMANY's imports and exports to five countries/territories were 53735.2305 million, 39145.8170 million, 34642.9402 million, 34535.7982 million, 32162.3991 million. These values correspond to 10.21%, 7.44%, 6.58%, 6.56%, 6.11% of GERMANY's imports and exports, and, respectively, were up 7.52%, up 13.99%, up 6.88%, down 17.23%, up 6.70% comparing to the same period of last year.

Current year until 202302, GERMANY and the top five trade partners UNITED STATES, FRANCE, NETHERLANDS, ITALY, CHINA are the top five countries/territories that GERMANY exports to in terms of the total export amount. During the current year until 202302, GERMANY's exports to these five countries/territories were 26961.1624 million, 21349.9721 million, 20058.1966 million, 16569.5552 million, 16305.9193 million. These values correspond to 9.71%, 7.69%, 7.23%, 5.97%, 5.88% of GERMANY's exports and, respectively, were up 13.92%, up 7.15%, up 8.17%, up 10.61%, down 15.23% comparing with the same period of last year.

Current year until 202302, GERMANY's exports to top five countries/territories NETHERLANDS, CHINA, POLAND, BELGIUM, FRANCE are the top five countries/territories that GERMANY imports from in terms of the total export amount. During the current year until 202302, GERMANY's imports from these five countries/territories were 33677.0339 million, 18229.8789 million, 16609.4524 million, 15128.9962 million, 13292.9681 million. These values correspond to 13.55%, 7.33%, 6.68%, 6.09%, 5.35% of GERMANY's total imports and, respectively, were up 7.14%, down 18.93%, up 12.21%, up 8.73%, up 6.44% comparing with the same period of last year.

During the current year until 202302, the trade surplus of GERMANY was mainly from UNITED STATES, FRANCE, UNITED KINGDOM, SWITZERLAND, ITALY at 14776.5078 million, 8057.0040 million, 7428.9111 million, 3926.1967 million, 3883.6442 million, and up 13.74%, up 8.35%, down 3.04%, up 23.52%, up 54.50%. 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, IRELAND, BELGIUM, CZECH REPUBLIC at 13618.8373 million, 5779.8983 million, 4618.3821 million, 3885.4811 million, 3313.2134 million, and up 5.66%, down 32.85%, up 0.42%, up 4.57%, up 73.73%.

Current year until 202302, GERMANY's trade surplus or deficit with top five countries/territories During the current year until 202302,  commodities with hs2 codes, 84, 87, 85, 30, 27, were GERMANY's top five traded commodities. They correspond to the import and export values of 72848.0653 million, 71241.1545 million, 67859.7941 million, 33811.0875 million, 32806.0682 million, which were up 3.86%, up 12.29%, up 15.04%, up 6.38%, down 20.55% comparing with the same period of last year and account for 13.85%, 13.54%, 12.90%, 6.43%, 6.24% of GERMANY's total imports and exports.

During the current year until 202302, 87, 84, 85, 30, 90 were GERMANY's top five traded commodities, with total import and export values of 46934.2262 million, 43869.0944 million, 31193.9230 million, 21720.3890 million, 12910.9485 million. These values correspond to 16.91%, 15.81%, 11.24%, 7.83%, 4.65% of GERMANY's total exports and, respectively, were up 11.88%, up 6.13%, up 9.88%, up 14.18%, up 3.12% comparing to the same period of last year.

During the current year until 202302, 85, 84, 27, 87, 30 were GERMANY's top five traded commodities, with total import values of 36665.8711 million, 28978.9710 million, 24421.9557 million, 24306.9283 million, 12090.6984 million. These values correspond to 14.75%, 11.66%, 9.82%, 9.78%, 4.86% of GERMANY's total exports and, respectively, were up 19.82%, up 0.60%, down 21.46%, up 13.11%, down 5.26% comparing to the same period of last year.

2. Current year until 202302, GERMANY binational trade profile

According to Dalian Infobank, during the current year until 202302, GERMANY-China binational exports and imports of goods amounted to 34535.7982 million and were down 17.23% comparing with the same period of last year. Among these, exports from GERMANY to China were 16305.9193 million and down 15.23%, imports from China to GERMANY were 18229.8789 million and down 18.93%. The total binational trade deficit was 1923.9595 million and down 40.82%.

During the urrent year until 202302, commodities with hs2 code, 85, 84, 87, 90, 39, were binational trade's top five traded commodities. They correspond to import and export values of 9560.5271 million, 6535.4367 million, 4979.2183 million, 2152.6085 million, 910.1373 million and makes up 27.68%, 18.92%, 14.42%, 6.23%, 2.64% of the total binational imports and exports. These values were also up 6.79%, down 17.77%, down 24.28%, down 8.85%, down 29.40% comparing to the same period last year.

During the current year until 202302, 87, 84, 85, 90, 30 were the top five traded commodities exported to China from GERMANY, with export values of 4315.9790 million, 3291.1617 million, 3066.2407 million, 1372.4258 million, 805.5299 million. These values account for 26.47%, 20.18%, 18.80%, 8.42%, 4.94% of GERMANY's total exports and were down 25.60%, down 2.92%, down 3.58%, down 11.13%, down 0.06% comparing to the same period of last year.

During the current year until 202302, 85, 84, 90, 94, 87 were GERMANY's top five traded commodities importing from China , with import values of 6494.2864 million, 3244.2750 million, 780.1827 million, 665.4649 million, 663.2393 million. These values account for 35.62%, 17.80%, 4.28%, 3.65%, 3.64% of GERMANY's total imports and were up 12.50%, down 28.82%, down 4.56%, down 38.98%, down 14.42% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat