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Foreign Trade

Foreign Trade

Overall development

German exports in March 2018: –1.8% on March 2017

Germany exported goods to the value of 116.1 billion euros and imported goods to the value of 90.9 billion euros in March 2018. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports declined by 1.8% and imports by 2.3% in March 2018 year on year. After calendar and seasonal adjustment, exports were up 1.7% compared with February 2018, while imports were down 0.9%.

More : German exports in March 2018: –1.8% on March 2017 …

German exports in 2017: + 6.2% in 2017

Germany exported goods to the value of 1,278.9 billion euros and imported goods to the value of 1,034.5 billion euros in 2017. Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 6,2% and imports by 8,3% in 2017 compared with 2016.

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Trading partners

58.6% of German exports went to European Union Member States in 2017

The European Union (EU) is Germany’s most important trade market. To coincide with the Europe Day on 9 May, the Federal Statistical Office (Destatis) reports that Germany exported goods to the value of 749.7 billion euros to the other 27 EU Member States in 2017.

More : 58.6% of German exports went to European Union Member States in 2017 …

The People's Republic of China is again Germany's main trading partner

According to provisional results, goods worth 186.9 billion euros were traded between Germany and the People's Republic of China in 2017 (exports and imports).

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Trading goods

The main German export product: motor vehicles

Accounting for 18.4% motor vehicles and parts thereof of exports, was Germany's main export product in 2017. Machinery (14.4%) and chemical products (9.0%) ranked second and third, respectively, among the most important export items.

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Tables

Trading partners

Additional Information

Key figures

Foreign trade 2017
Exports€ 1,279 bn
Imports€ 1,034 bn
Export surplus€ 245 bn
Export propensity39.2%
Import penetration rate34.3%

Reporting online

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