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Foreign Trade

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. Exports and imports exceeded the previous record highs of 2015, when goods to the value of 1,193.6 billion euros had been exported and goods to the value of 949.2 billion euros had been imported.

The foreign trade balance showed a surplus of 252.0 billion euros in 2016, which was the highest value ever recorded. It clearly exceeded the previous year's peak of 244.3 billion euros.

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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© Statistisches Bundesamt (Destatis), 2017

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