Overview In May 2021 Germany exported €8.4B and imported €10.4B from China, resulting in a negative trade balance of €2.04B. Between May 2020 and May 2021 the exports of Germany have increased by €1.25B (17.4%) from €7.16B to €8.4B, while imports decreased by €-313M (-2.91%) from €10.8B to €10.4B.
Trade In May 2021, the top exports of Germany to China were Motor cars and motor caravans (€1.2B), Chassis, bodies, engines etc. for motor... (€951M), Machinery for electricity production, distribution (€716M), Other machinery (€507M), and Measuring and automatical control instruments (€473M). In May 2021 the top imports of Germany from China were Office and automatic data processing machines (€1.56B), Machinery for electricity production, distribution (€815M), Telecommunication devices and apparatus (€678M), Other electric machinery, apparatus and appliances (€475M), and Electronic devices (€457M).
Origins In May 2021 the exports of Germany were mainly from Baden-Württemberg (€1.6B), Bavaria (€1.38B), North Rhine-Westphalia (€998M), Saxony (€579M), and Hamburg (€392M), while imports destinations were mainly North Rhine-Westphalia (€2.64B), Bavaria (€1.74B), Baden-Württemberg (€1.21B), Hesse (€1.13B), and Hamburg (€821M).
Growth In May 2021, the increase in Germany's year-by-year exports to China was explained primarily by an increase in product exports in Motor cars and motor caravans (€452M or 60.3%), Aircraft (€245M or 229%), and Machinery for electricity production, distribution (€101M or 16.4%). In May 2021, the decrease in Germany's year-by-year imports from China was explained primarily by an decrease in product imports in Other textile products (€-1.98B or -90.9%), Telecommunication devices and apparatus (€-208M or -23.5%), and Ships and boats (€-74.2M or -60.7%).