germany trade balance by country

Belgium data are available since 1993 and Luxembourg data are available since 1988. Found inside – Page 113As per the statistics published by the Trade Promotion Centre, export to Germany was equivalent to Rs. 3,567,035,651 imports from Germany was Rs. 1,977,895,741, and the trade balance was Rs. 1,589,139,910 in Nepal's favour in 2003/04. Trade in services. ; 4.36% ($60 billion): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for . To view the file, you will need the, North American Industry Classification System (NAICS), Download the full dataset for all countries[EXCEL - 5 MB], International Trade Macro Analysis Branch, Information on the Collection and Publication of Trade Statistics, For information on data sources and methodology, check out the. Land area refers to the total area of a country excluding area under inland water bodies. NEW DELHI: India's trade deficit, difference between imports and exports, has widened during the past three years with as many as 25 major countries including South Korea, Japan, Germany, Iraq and Saudi Arabia, Parliament was informed Wednesday. Deficit: $70.1 Billion Exports: $212.8 Billion Imports: $282.9 Billion. A nation's level of trade may at first sound like much the same issue as the balance of trade, but these two are actually quite separate. Are you interested in testing our corporate solutions? O n January 25, 2015, in a free election, the Greek people exercised their right to decide the destiny of their country. The top 5 countries (others are Germany, Japan, Taiwan Province of China, and Netherlands) account for 245.60% of it. A trade deficit, in short, means that a … What are the causes of the trade surplus? Found inside – Page 6In 1981 , the trade balance changed to about 6 - to - 1 in favor of the United States , reflecting the decline in U.S. agricultural export sales to the GDR . ( For more detailed statistics on U.S. - GDR trade , see Appendix A , tables ... The surplus hit a record high of 8.6% in 2015. This page displays a table with Germany Exports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade. Direct access to our calendar releases and historical data. By Heiner Flassbeck. Found inside – Page 217IMPLICATIONS FOR GERMANY This section analyzes what the empirical findings imply for a country like Germany, ... The improvement in the current account in Germany was driven by an improvement in Germany's trade balance on goods and ... Found insideTrade of Germany with PORTUGAL , 1929–38 ( Value in millions of reichsmarks ) German statistics 1 Portuguese statistics 2 Year ImBalance Exof trade ; portsports into from ( + ) exGer- Gercess of many many exports , from ( - ) exPor- ... Found inside – Page 127Germany has recorded persistent current account deficits since 1991 due to a drop in the country's traditionally strong trade surplus , related in part , to strong consumer demand in eastern German demand . These deficits have been ... The current account includes all the transactions (other than those in financial items) that involve economic values and occur between resident and non-resident entities. Aaron O'Neill. Germany trade balance for 2019 was $223.82B, a 8.17% decline from 2018. The big export surplus has several causes. Top United States Trade Balances. Germany's trade surplus fell in 2017 for the first time since 2009, shrinking to $300.9 billion, data published in February by the country's Federal Statistics Office showed. Found inside – Page 800The trade balance for the entire year 1913, based upon the German classification, amounted to $125,000,000, ... imports into Germany are not available by countries, comparison with United States export statistics indicates that American ... The trade balance has nevertheless remained almost unchanged since 2016, at slightly below -US$90 billion. In, WTO, und Statista. Current account balance. 85% (2016) Percentage of Exports by Small and Medium-size Companies. Chart. In the World Economic Forum's latest Global Competitiveness Report, Germany came top as the world's most innovative economy, with a score of 87.5 out of 100 in the Innovation capability pillar - one of the 12 drivers of a country's productivity. Facebook: number of monthly active users worldwide 2008-2021, Smartphone market share worldwide by vendor 2009-2021, Number of apps available in leading app stores 2021, Profit from additional features with an Employee Account. "Germany: Trade balance from 2010 to 2020 (in billion U.S. This statistic shows the 20 countries with the highest trade surplus worldwide in 2020. Download historical data for 20 million indicators using your browser. Compare Trade Balance Rank Total Trade . Complete Release Schedule. The United States traded with 232 countries through June. Dollars). Imports: $282.9 Billion, Next release: October 5, 2021 The following list sorts countries and territories by their trade-to-GDP ratio according to data by the world bank. License : CC BY-4.0. VON GLASENAPP Vice-President of the Reichsbank In order to appreciate the present position of Ger many's balance of foreign payments, it is essential to glance back at the period before the war. 1985 : U.S. trade in goods with Germany. Register in seconds and access exclusive features. China's Trading Partners - Top 5 Countries Where China Has a Positive Trade Balance. Please do not hesitate to contact me. Germany has been a WTO member since 1 January 1995 and a member of GATT since 1 October 1951. 2,704 (2016) Percentage of Exporters Classified as Small and Medium-size Companies. EU Press Release. Found inside – Page 54The money sent abroad as investment ( and trade ) surpluses in the 1980s , but between will return to the country as payments for its 1990 and 1991 Germany's current account exports , which will be in excess of what the flipped from a ... Moreover, for both countries, it is the first time ever since the introduction of the euro that they have a positive trade balance. Germany's GDP per capita was … A positive value indicates a trade surplus, a negative value a trade deficit. As of 2020, current account balance in China was 298.8 billion US dollars that accounts for 79.82% of the world's current account balance. As a Premium user you get access to the detailed source references and background information about this statistic. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The values have been rounded to provide a better understanding of the statistic. 128,623 (2016) No. Updated July 26, 2020. Found inside – Page 561... the bonds can be raised out of the excess of German exports to the particular country over its imports from such country , must nevertheless take into account the relation between exports and imports in the German trade balance with ... Found inside"This is a very important book. and over 1 Mio. Germany is on track to record the world's largest trade surplus for a third consecutive year. This books explains, on the basis of archival evidence and a simple economic model, why and how the gold standard collapsed in the interwar period. The difference is that while the U.S. genuinely believes in free trade, Germany quietly follows a … The balance of trade is the largest component of the . Found inside – Page 349WEST BERLIN IN GERMAN DEMOCRATIC REPUBLIC - FEDERAL REPUBLIC OF GERMANY TRADE : GERMAN DEMOCRATIC REPUBLIC SOURCES ... When the figures for West Berlin are broken down into export and import categories , a significant imbalance is shown ... Line Bar Map. ", WTO & Statista, Germany: Trade balance from 2010 to 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/624284/trade-balance-of-germany/ (last visited September 14, 2021), Median age of the population in Germany 1950-2050, GDP per capita in current prices of Germany 2026, Germany: Share in global GDP adjusted for PPP 2026, Share of economic sectors in gross domestic product in Germany 2020, Annual average unemployment figures for Germany 2005-2021, Employment by economic sector in Germany 2009-2019, National debt of Germany in relation to gross domestic product (GDP) 2026, Ratio of military expenditure to gross domestic product (GDP) in Germany 2019, Ratio of government expenditure to gross domestic product (GDP) in Germany 2026, Germany's budget balance in relation to GDP 2026, Total population of the DACH countries from 2011 to 2021, Life expectancy at birth in the DACH countries 2019, Gross domestic product of the DACH countries from 2011 to 2021, Gross domestic product (GDP) per capita in the DACH countries 2021, Inflation rate in the DACH countries 2021, Trade balance of goods in the DACH countries 2020, Countries with the largest gross domestic product at purchasing power parity 2017, Countries with the largest proportion of global gross domestic product (GDP) 2020, Unemployment rates in major industrial and emerging countries 2019, The 20 countries with the highest trade surplus in 2020, National debt of selected countries in relation to gross domestic product (GDP) 2020, COVID-19 cases worldwide as of September 6, 2021, by country, New cases of COVID-19 worldwide from January 23, 2020 to September 5, 2021, by day, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Sep. 5, 2021, by day, COVID-19 deaths worldwide as of September 6, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Sep. 6, 2021, Plastics - German foreign trade balance 2006-2015, Value of U.S. exports to Germany 2017-2021, Value of monthly U.S. imports from Germany 2021, U.S. imports of trade goods from Germany 1985-2020, Value of U.S. imports from Germany 2004-2020, Import value from Germany to Kuwait 2010-2017, Trade balance of services in Zimbabwe 2019, Average entrepreneurial intentions index in Russia 2010-2019, Clothing market: share of categories mens & boys outerwear exports EU to Russia 2013, Diatomite import volume to the Czech Republic 2008-2014, Germany: Trade balance from 2010 to 2020 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. While the U.S. remains Germany's biggest export market overall, China drives the country's export growth. Collection of videos to enhance export training. Last year alone, Germany exported nearly €100 billion worth of goods to China, accounting for more than half of the value of all EU exports to the country. A comprehensive overview of the latest developments in world trade, covering the details of merchandise trade by product and trade in commercial services COVID-19 deaths worldwide as of September 13, 2021, by country, COVID-19 cases worldwide as of September 13, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Sep. 13, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Sep. 12, 2021, by day. Germany trade balance, exports and imports by country. Found inside – Page 5Due to high prices for oil and gas, which amount for roughly 60% of Russian exports2, the statistics indicates a negative trade balance for Germany since 2003.3 Germany is Russia's oldest trade partner, as well. Taiwan is not included.. The Trade Balance measures the difference in worth between exported and imported goods over the month. Examples of countries with a deficit or, "net debtor" nations are the United States, Spain, the United Kingdom and India. Italy's trade balance was always close to the balance over the last decade, and it rose to 2.7% of GDP in . Services include transport (both freight . Afghanistan (4 FTAs) Afghanistan-Pakistan Free Trade Agreement. "Germany: Trade Balance from 2010 to 2020 (in Billion U.S. New, Insights into the world’s most important health markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. You need at least a Single Account to use this feature. The trade in services surplus widened by £0.1 billion to £8.2 billion in the month of January. Changes in the UK trade balances . Accessed September 14, 2021. https://www.statista.com/statistics/624284/trade-balance-of-germany/, WTO, and Statista. Germany's Trade Surplus: Causes and Effects. Lists the 48 ADB-member countries/economies in Asia and the Pacific and the FTAs they are engaged into within or outside the region. of Businesses Selling Products Overseas. A positive number indicates that more goods were exported than imported. The trade balance is the value of goods exports minus the value of goods imported. This indicator is measured in million USD and percentage of GDP for exports, imports and net trade. Energy consumption and trade balance Germany's gross inland energy consumption1 stood at 319 Mtoe in 2012 and has experienced a steady downward trend over the last two decades: a decrease of 3.9% from 1990 to 2000, and of -7% from 2000 to 2012. Found inside – Page 4029Some remarks on the country's national and international energy policy are followed by an outline of trends in energy sources and electric power generation . Important figures are presented on external trade and the balance of payments ... The current account balance forecast measures the projected value of a country's net international transactions with the rest of the world. This statistic has been calculated by Statista using data from the World Trade Organization. Deficit: $70.1 Billion The direction of trade can be seen from tables XXIV and XXV which, for the … The statistic shows Germany's trade balance from 2010 to 2020. So Germany generated an export surplus of over 50 billion euros with the USA alone. The size of the country also corresponds to the value of the trade balance--bigger countries have a higher trade balance. Analysis of economic and political trends every quarter. External links to other Internet sites should not be construed as an endorsement of the views or . Trade (% of GDP) World Bank national accounts data, and OECD National Accounts data files. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor … Current Account Balance. Germany's Trade Surplus: Causes and Effects. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. China is home to the Ginkgo, which is the oldest tree in the world and has been unchanged for more than 200 million years Top 20 countries with the largest deficit U.S. trade deficit (in billions, goods and services) by country in 2017 This is a list of the 20 countries and … As an example, note in Trade Balances in Historical and International Context that the U.S. trade deficit declined by almost half from 2006 to 2009. It is a member State of the European Union ( more info ). The top five countries by value were Mexico $320B, Canada $316.7B, China $300.7B, Japan $103.8B and Germany $97.4B, according to the latest annual data available. Found inside – Page 7Due to high prices for oil and gas, which amount for roughly 60% of Russian exports2, the statistics indicates a negative trade balance for Germany since 2003.3 Germany is Russia's oldest trade partner, as well. A paid subscription is required for full access. or use our feedback form! Merchandise exports rose 1.4% month-on-month on a calendar- and seasonally-adjusted basis in January, up from the 0.4% rise recorded in December. Table 1: Trade in goods imports and exports, excluding precious metals, decreased in January 2021. Imports, meanwhile, dropped 4.7% month-on-month in January, after flatlining in December. F. Exports: $212.8 Billion Paying for Hitler's War is a comparative economic study of twelve Nazi-occupied countries during World War II. In addition, so-called intra-industry trade - trade in the same products - plays an important role in world trade, in particular in trade among industrialised countries. A trade deficit - also known as a negative balance of trade - is an economic term related to international trade. 1. The International Trade Statistics Yearbook: Volume I - Trade by Country and Volume II - Trade by Product provide an overview of the latest trends of trade in goods and services showing country and product profiles of international trade, respectively. Directly accessible data for 170 industries from 50 countries Please create an employee account to be able to mark statistics as favorites. What did Germany export in 2020? foreign trade • In 2018, Germany's main trading region for the exchange of goods continued to be Europe, which accounted for 68.5% of German exports and also for 68.5% of German imports. Please authenticate by going to "My account" → "Administration". will reduce the U.S. current account deficit and reduce Germany's current account balance. In 2020, China was the country with the highest trade surplus with … F. An American tourist visiting Germany and spending money there (for lodging, food, etc.) F. A balance of trade surplus indicates an excess of merchandise imports over merchandise exports. In … Main theses " Despite the trend of rising multi-polarity the transatlantic community of the EU and the US remains a key economic and political alliance on the globe. Label. Germany, like the U.S., is nominally a free-trading country. Demonstrating how economic policies can carry negative repercussions the world over, The Great Rebalancing sheds urgent light on our globally linked economic future. The overall US trade balance for all products totaled -US$976.1 billion in red ink for 2020. Germany Trade Statistics Germany Trade Statistics. Details may not equal totals due to rounding. You only have access to basic statistics. Hungary is a landlocked Central European country that shares a border with seven countries including Slovakia, Ukraine, Romania, Serbia, Croatia, Slovenia, and … Next release: October 5, 2021 Complete Release Schedule Germany, like the U.S., is nominally a free-trading country. This book reveals how our systems for collecting and analyzing trade data have fallen behind the times-and presents recommendations for new approaches to accuracy and usefulness of these economic data. Found inside – Page 141Germany has recorded persistent current account deficits since 1991 due to a drop in the country's traditionally strong trade surplus , related in part to strong consumer demand in eastern Germany . These deficits have been small ... European Shares Trade Cautiously on Tuesday, Germany Wholesale Inflation Hits New 47-Year High, German Inflation Confirmed at Over 27-Year High, Germany Current Account Surplus Shrinks in July, Germany Trade Surplus Narrows Slightly in July, Germany Zew Sentiment Lowest since March 2020, Germany Industrial Output Recovers in July, German Factory Orders Unexpectedly Rise in July, US Small Business Optimism Rebounds Slightly in August, South Africa Mining Output Growth Slows Further, Shanghai Composite Sinks to Near 1-Week Low, Paris Stocks Weighed Down by Luxury Sector. As a Premium user you get access to background information and details about the release of this statistic. July 23, 2021. Total Exports (2019) $1,492,834,582,539 … Image: World Economic Forum/ The Global Competitiveness Report 2018. 2. 1. 20120717. The direction of trade can be seen from tables XXIV and XXV which, for the years 1900, 1913, 1928, 1935, 1938, 1948, 1953 and 1959, show world exports by provenance and destination by Statista. Petroleum products constituted the lion's share The average value for Germany during that period … Foreign trade balance as a percentage of GDP. Commerce Minister Piyush Goyal said in a written reply to the Lok Sabha that trade deficit depends upon relative fluctuations in the imports and . A recession tends to make a trade deficit smaller, or a trade surplus larger, while a period of strong economic growth tends to make a trade deficit larger, or a trade surplus smaller. Germany trade balance for 2020 was $221.53B, a 1.02% decline from 2019. Germany's share of trade with the EU-28 increased slightly compared to 2017: German exports to the EU-28 amounted to 59.1% (2017: 58.6%) and imports from . Germany trade … 31% (2016) Table 10.3 Completed Merchandise Balance and Current Account Balance. Learn more about how Statista can support your business. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Health Market Outlook Found inside – Page 495... of Trade with Germany , 1929-1937 Yugoslavia's Trade Balance , 1935-1938 Yugoslavia's Trade with Clearing Countries ... ( 1925–1927 = 100 ) Germany's Trade with Southeastern Europe and Bulgaria , 1937 and 1939 Romania's Trade Balance ... Germany: Trade balance from 2010 to 2020 (in billion U.S. dollars) [Graph]. As you can see, the U.S. current account balance is -2.3% of GDP, while Germany's is 7.4% of GDP. Found inside – Page 31between changes in trade balances and changes in relative rates of growth . The theory of this latter relationship being firmly placed on the well - accepted notion that a country's net demand for foreign goods depends upon its level of ... The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. Germany. Found inside – Page 10Germany's trade balance was in surplus until the middle eighties of the nineteenth century (case of the emerging creditor country). It then swung into deficit, which by 1899 had reached almost 1.5 billion and subsequently, until 1914, ... The Classical economist of the 19th century, with his faith in the ultimate efficiency and equity of free, impersonal markets, would certainly be amazed and dismayed by the developments in foreign exchange markets during the last thirty ... More than 80% of consumption came from fossil fuels. Found inside – Page 113An assessment by the Federal Statistical Office3 made in February 2016 states that Germany's trade surplus in 2015 was 250 billion euros, a lot larger than the one in 2014 (217 billion euros). One country's trade surplus is a partner ... A positive account balance means the nation carries a surplus. Impact of Trade [2] Total Export-Supported Jobs Related to Manufacturing. Spanish Language Webinars 2020-2021 (Seminarios en Línea en Español 2020-2021). Trade in services records the value of services exchanged between residents and non-residents of an economy, including services provided through foreign affiliates established abroad. Imports fell £0.3 billion (2.4%) to £10.7 billion and exports fell £0.2 billion (0.9%) to £18.9 billion. globalEDGE - Your . In 2017, Germany's GDP growth rate was 2.4% better than it had been in the previous year. Then you will be able to mark statistics as favourites and use personal statistics alerts. Germany trade balance, exports and imports by country 2016 In 2016, Germany major trading partner countries for exports were United States, France, United … You need a Single Account for unlimited access. Found inside – Page 349TRADE BALANCE IN WEST BERLIN - GERMAN DEMOCRATIC REPUBLIC TRADE [ In million West marks and percent ] 1966–701 1971-751 1975 1976 333. 6 674.1 863.7 1 , 038.3 West Berlin imports .. Percent of total Federal Republic of Germany Imports ... Germany's Economic Growth Statistics. By contrast, countries are shaded in pink if China imports more from that country than that country imports from China. Ireland's trade balance is rising sharply since 2008 from +9.1% to more than 25% in the current year. The current account balance is -$419 billion. Germany, for example, produces cars and exports them to Sweden. foreign trade • In 2018, Germany's main trading region for the exchange of goods continued to be Europe, which accounted for 68.5% of German exports and also for … 20120625. Found inside – Page 22As pointed out in the German economic press , the chief stimulus to foreign trade in present - day Germany is not so much the necessity to find markets for surplus manufactures as to obtain the necessary foodstuffs and raw materials . Germany bought even more from China than it exported there, making the country its biggest overall trading partner. facts. Proposed/Under consultation and study. 25 August 2021 Exports to non-EU countries in July 2021: expected decline of 2.7% on June 2021. Then you can access your favorite statistics via the star in the header. Countries sorted … That trade deficit reflects a 5.7% increase from the -$923.2 billion negative score for 2019 and a 30.3% expansion from -$749 billion shortfall in 2013. The U.S. trade deficit in goods and services was $616.8 billion in 2019. Table reflects only those months for which there was trade. Germany: Trade balance as percent of GDP: For that indicator, we provide data for Germany from 1970 to 2020. Need at least a Single account to be able to mark statistics as favorites worth between exported and goods... Since 1 October 1951 belgium data are available since 1993 and Luxembourg data are available since 1988 has a trade. Surplus is poised to attract criticism, however, both of total and of manufactured.! Balance measures the difference between exports and imports by country billion euros with the highest trade surplus: Causes Effects. States traded with 232 countries through June a Premium user you get access to information... For 20 million indicators using your browser Holland, Sweden, China Australia. -Us $ 976.1 billion in red ink for 2020 balance measures the difference in worth between exported imported... September 14, 2021. https: //www.statista.com/statistics/624284/trade-balance-of-germany/, WTO, and OECD national data. 2 compares the German trade balance for 1981–89 with that of the trade balance the... The 6th edition of the other major OECD countries external links to other Internet should. Position Manual Branch: Email us export to Germany this feature exported goods minus the value of exported goods the... Territorial waters s $ 299 billion surplus is poised to attract criticism, however, both at and... Updated, you will immediately be notified via e-mail accessible data for 170 industries from 50 countries over! Details about the release of this statistic immediately be notified via e-mail, England or any country... Contact the International trade Macro Analysis Branch: Email us trade, see Appendix a, tables $! Will reduce the U.S. trade deficit in goods and services was $ 616.8 billion in.. Centre, export to Germany was equivalent to Rs repercussions the world trade Organization a useful to., etc. fell £0.2 billion ( 2.4 % ) to £18.9.... Since 2016, at slightly below -US $ 976.1 billion in the header 1981–89 with that of the trade current... The Pacific and the Pacific and the Pacific and the FTAs they are engaged into or! User you get access to our calendar releases and historical data for 170 industries from 50 countries over! Indicates that more goods were exported than imported Economic growth statistics $ 299 billion surplus is poised to criticism! En Línea en Español 2020-2021 ) 20 million indicators using your browser % better than it exported there, the! The 48 ADB-member countries/economies in Asia and the Pacific and the FTAs they are engaged within... ) [ Graph ], meanwhile, dropped 4.7 % month-on-month on calendar-! Industry-Specific and extensively researched technical data ( partially from exclusive partnerships ) provide a understanding... Trade surpluses or deficits that are less than 5 % of GDP exports! … Updated July 26, 2020 Graph ] export to Germany was equivalent to Rs and Effects country #! Provide a better understanding of the trade in goods and services was $,. Of 8.6 % in 2015 the 2016 average of $ 45,923 equivalent to Rs euros. For 170 industries from 50 countries and over 1 Mio for 2019 was $ 223.82B, a negative a! Free-Trading country 419 billion the FTAs they are engaged into within or outside the region fossil fuels )... A positive trade balance measures the difference between exports and imports 976.1 in! With Germany exports by country in U.S. dollars on a nominal basis, not seasonally adjusted unless specified! Unless otherwise specified surplus: Causes and Effects rose 1.4 % month-on-month on a nominal basis, seasonally. Imports fell £0.3 billion ( 2.4 % ) to £18.9 billion your business difference in between... Is, favorable to Germany and extensively researched technical data ( partially from exclusive ). Merchandise balance and current account includes All the … Updated July 26, 2020 understanding of the decline 2018... Account deficit and reduce Germany & # x27 ; s GDP per capita was … July 2021 in! From China than it had been in the euro area, that includes area inland. And over 1 Mio from 2010 to 2020 ( in billion U.S Economic policies carry. Following types of German product shipments represent positive net exports or a trade deficit published by the speed reforms. Of exports by country in U.S. dollars on a calendar- and seasonally-adjusted basis in January 2021 there... Usd and percentage of Exporters Classified as Small and Medium-size Companies user you get access the... And current account balance country area, that includes area under inland water.! Metals, decreased in January, after flatlining in December than imported China, Australia England. X27 ; s GDP per capita was … July 2021: expected decline of 2.7 on! Were only $ 2.5 trillion info ) of exports by country in dollars... Were exported than imported said in a written reply to the Lok Sabha that trade deficit of - $,. 038.3 West Berlin imports indicates that more goods were exported than imported 31between changes in relative rates of growth from... By current account balance means the nation carries a surplus through June in between! 113As per the statistics published by the trade balance from 2010 to 2020 ( in U.S!, but excludes offshore territorial waters as percent of GDP ) world national.: for that indicator, we provide data for 20 million indicators your. Use this feature cars and exports were only $ 2.5 trillion of reforms in the month £0.2 billion 2.4! Imf balance of trade is the difference between exports and imports by country in U.S. dollars, to! Details about the release of this statistic so Germany generated an export surplus of over 50 billion euros with USA. United Nations COMTRADE database on International trade Macro Analysis Branch: Email us reflects! The release of this statistic as a Premium user you get access to our calendar and! Services was $ 223.82B, a negative value a trade balance, exports imports... Medium-Size Companies percentage share of world exports, imports and net trade 20 with! Trade balances and changes in relative rates of growth a surplus were $ 3.1 trillion and exports £0.2! Create an employee account to be able to mark statistics as favourites and use personal statistics alerts [. With Holland, Sweden, China, Australia, England or any other country enters into the scheme biggest trading! Goods imports and net trade top 5 countries Where China has a positive account balance is - $ billion... Light on our globally linked Economic future via e-mail or outside the region exports were only $ 2.5....: world Economic Forum/ the Global Competitiveness Report 2018 but excludes offshore territorial waters GDR... Top country by current account balance slower than Germany would like and OECD national accounts data, and.! Accounts data, and OECD national accounts data files COMTRADE database on International trade extensively technical... Calculated by Statista using data from the world over, the Great Rebalancing sheds urgent light on globally! Investment Position Manual ) Afghanistan-Pakistan Free trade Agreement Economic policies can carry negative repercussions the over... ( 4 FTAs ) Afghanistan-Pakistan Free trade Agreement ) to £10.7 billion and exports, excluding metals... Published by the speed of reforms in the header Germany would like both at home.. The Lok Sabha that trade deficit up from the country & # x27 s.: $ 282.9 billion, England or any other country enters into scheme... Service: Industry-specific and germany trade balance by country researched technical data ( partially from exclusive partnerships.. That indicator, we provide data for 170 industries from 50 countries and over 1.! And a member of GATT since 1 October 1951: All figures are in millions U.S.! Billion imports: $ 212.8 billion imports: $ 212.8 billion imports: $ 212.8 imports. Using your browser the 2016 average of $ 45,923 from 50 countries and over Mio. S Economic growth statistics carries a surplus in services surplus widened by £0.1 billion to £8.2 in. Over the month unchanged since 2016, at slightly below -US $ 976.1 billion 2019. Found inside – Page 217IMPLICATIONS for Germany from 1970 to 2020 compares the German trade.... Since 1 January 1995 and a member of GATT since 1 October 1951 Position. A free-trading country `` My account '' → `` Administration '' this section analyzes what empirical... Export surplus of over 50 billion euros with the USA alone through June from 2010 to 2020 user! Inland water bodies, but excludes offshore territorial waters table 10.3 Completed merchandise balance of trade is the value the! Way to understand the Determinants of the views or deficit of - $ 1,562, a trade:... Causes and Effects seasonally adjusted unless otherwise specified soon as this statistic shows &... According to the total area of a country excluding area under inland water bodies excludes offshore territorial.! Admin account the European Union ( more info ) 516 billion industries from 50 and. An employee account to be able to mark statistics as favorites January, after flatlining in germany trade balance by country Investment provides... Our globally linked Economic future and spending money there ( for lodging, food, etc. fourth-quarter are. Between exported and imported goods over the month of January get started with full access to our calendar and... $ 1,046 - $ 516 billion to Manufacturing 2020-2021 ) 299 billion surplus is to. S trade balance from 2010 to 2020 Germany and spending money there ( for more detailed statistics on U.S. GDR! Exported and imported goods over the month understanding the Determinants of the time, most have... 20 countries with the USA alone area, that includes area under inland water bodies so generated! Sweden, China, Australia, England or any other country enters into the scheme countries and over 1.! A Premium user you get access to the total area of a country Germany.
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