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Foreign Trade

Foreign Trade

Overall development

German exports in May 2017: +14.1% on May

Germany exported goods to the value of 110.6 billion euros and imported goods to the value of 88.6 billion euros in May 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 14.1% and imports by 16.2% in May 2017 year on year. After calendar and seasonal adjustment, exports were up by 1.4% and imports by 1.2% compared with April 2017.

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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 954.8 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

12% of German EU exports went to the United Kingdom in 2016

The United Kingdom's exit from the European Union (EU) will be a topic for discussion on Europe Day celebrated on 9 May. The United Kingdom is the second important sales market for German exporters among the EU Member States.

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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 (14.1%) and chemical products (8.9%) 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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