Germany Balance of Trade

Last Release

Feb 28, 2025

Actual

17.7

Units In

EUR Million

Frequency

Monthly

Next Release

May 08, 2025

Time to Release

26 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
25,455.63 Mar 2016	-535.91 Apr 1991	5,515.09 EUR Million	1950-2025	Federal Statistical Office

Germany runs regular trade surpluses since 1952, primarily due to strong exports of vehicles and other machinery. In 2017, the largest trade surpluses were recorded with the US, the UK, France, Austria, Spain, Sweden and the UAE; while the biggest trade deficits were recorded with China, Vietnam, Norway, Russia, the Netherlands, Ireland and Czech Republic.

Latest Updates

Germany's trade surplus increased to EUR 17.7 billion in February 2025, up from an upwardly revised EUR 16.2 billion in January, slightly below forecasts of EUR 17.8 billion, as exports grew more than imports. Exports rose by 1.8% month-on-month to a ten-month high of EUR 131.6 billion in January, after showing no growth in the previous month. This was supported by sales to EU countries (0.5%), specifically to the Euro area (0.3%) and the non-Euro area (1.0%). Additionally, sales to third countries expanded by 3.2%, driven by higher sales to the US (8.5%) and China (0.6%), though sales to the UK (-3.8%) and Russia (-3.0%) fell. Meanwhile, imports climbed by 0.7% to a 20-month high of EUR 113.8 billion. Imports from the EU grew by 2.3%, with increases from both the Euro area (2.8%) and the non-Euro area (1.4%). Conversely, purchases from third countries fell by 1.0%, amid lower arrivals from the US (-3.9%), Russia (-4.5%), and the UK (-5.2%), while purchases from China advanced by 7.1%.