Overview In February 2023, China exported $6.54B and imported $8.34B from Germany, resulting in a negative trade balance of $1.8B. Between February 2022 and February 2023 the exports of China have decreased by $-1.7B (-20.7%) from $8.25B to $6.54B, while imports increased by $308M (3.83%) from $8.03B to $8.34B.
Trade In February 2023, the top exports of China to Germany were Computers ($1.02B), Laboratory Reagents ($483M), Electric Batteries ($410M), Telephones ($268M), and Motor vehicles; parts and accessories (8701... ($232M). In February 2023 the top imports of China from Germany were Cars ($1.49B), Motor vehicles; parts and accessories (8701... ($775M), Packaged Medicaments ($431M), Planes, Helicopters, and/or Spacecraft ($250M), and Vaccines, blood, antisera, toxins and cultures ($213M).
Origins In February 2023 the exports of China were mainly from Guangdong Province ($1.21B), Jiangsu Province ($1.16B), Shanghai Province ($823M), Zhejiang Province ($735M), and Fujian Province ($535M), while imports destinations were mainly Shanghai Province ($2.1B), Beijing ($2.09B), Jiangsu Province ($1.03B), Guangdong Province ($706M), and Tianjin ($461M).
Growth In February 2023, the decrease in China's year-by-year exports to Germany was explained primarily by an decrease in product exports in Other Cloth Articles ($-194M or -76.7%), Telephones ($-182M or -40.5%), and Vaccines, blood, antisera, toxins and cultures ($-70M or -96.7%). In February 2023, the increase in China's year-by-year imports from Germany was explained primarily by an increase in product imports in Cars ($438M or 41.7%), Laboratory Reagents ($163M or 808%), and Hydrogen ($66.1M or 134%).