Germany

In 2014, the value of merchandise exports of Germany increased slightly by 3.6 percent to reach 1511.1 bln US$, while its merchandise imports increased slightly by 2.5 percent to reach 1223.8 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a surplus of 287.3 bln US$, the largest surplus the country has ever recorded (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 157.2 bln US$ (see graph 4). Merchandise exports in Germany were diversified amongst partners; imports were also diversified. The top 22 partners accounted for 80 percent or more of exports and 20 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Germany decreased slightly by 4.6 percent, reaching 258.1 bln US$, while its imports of services increased moderately by 8.0 percent and reached 319.6 bln US$ (see graph 2). There was a moderate trade in services deficit of 61.5 bln US$.

Related Subject(s): International Trade and Finance

Countries: Germany