Overview In November 2022, Germany exported €1.09B and imported €691M from Canada, resulting in a positive trade balance of €400M. Between November 2021 and November 2022 the exports of Germany have increased by €125M (12.9%) from €966M to €1.09B, while imports increased by €193M (38.8%) from €498M to €691M.
Trade In November 2022, the top exports of Germany to Canada were Motor cars and motor caravans (€249M), Pharmaceutical products (€137M), Other machinery (€40.4M), Machinery for electricity production, distribution (€40M), and Other prefabricated chemicals (€37.4M). In November 2022 the top imports of Germany from Canada were Iron ores (€122M), Other end products (€111M), Pharmaceutical products (€49M), Copper ores (€38.5M), and Aircraft (€27.4M).
Origins In November 2022 the exports of Germany were mainly from Baden-Württemberg (€216M), Bavaria (€200M), Hesse (€102M), North Rhine-Westphalia (€94.2M), and Saxony (€52.3M), while imports destinations were mainly North Rhine-Westphalia (€193M), Hesse (€154M), Hamburg (€71.4M), Bavaria (€54.5M), and Baden-Württemberg (€39M).
Growth In November 2022, the increase in Germany's year-by-year exports to Canada was explained primarily by an increase in product exports in Other machinery (€4.5M or 15.9%), Agricultural machinery (incl. tractors) (€3.81M or 46.5%), and Gold for industrial purposes (€2.98M or 1.08k%). In November 2022, the increase in Germany's year-by-year imports from Canada was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].