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Foreign Trade

Foreign Trade

Overall development

German exports in January 2017: +11.8% on January 2016

Germany exported goods to the value of 98.9 billion euros and imported goods to the value of 84.0 billion euros in January 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports rose by 11.8% and imports by 11.7% in January 2017 year on year. After calendar and seasonal adjustment, exports were up by 2.7% and imports by 0.3% compared with December 2016.

More : German exports in January 2017: +11.8% on January 2016 …

German exports up 1.1% in 2016

Germany exported goods to the value of 1,206.9 billion euros and imported goods to the value of 954.7 billion euros in 2016. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 1,1% and imports by 0,6% in 2016 compared with 2015.

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Trading partners

Germany’s most important trading partners 2016

In 2016 the top country of destination for German exports was the United States followed by France and the United Kingdom. Germany exported goods worth 106.9 billion euro to the United States, 101.4 billion euro to France and 86.1 billion euro to the United Kingdom.

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Trading goods

The main German export product: motor vehicles

Accounting for 18.9% motor vehicles and parts thereof of exports, was Germany's main export product in 2016. Machinery (14.0%) and chemical products (8.8%) ranked second and third, respectively, among the most important export items.

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Tables

Trading partners

Additional Information

Key figures

Foreign trade 2016
Exports€ 1,207 bn
Imports€ 955 bn
Export surplus€ 252 bn
Export propensity38.5%
Import penetration rate33.1%

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