Germany-China Trade: In 2023, Germany exported $104B to China. The main products that Germany exported to China were Cars ($16.2B), Motor vehicles; parts and accessories (8701 to 8705) ($8.72B), and Packaged Medicaments ($3.07B). Over the past 5 years the exports of Germany to China have decreased at an annualized rate of 0.39%, from $106B in 2018 to $104B in 2023.
In 2020, Germany exported services to China worth $14.9B, with Royalties and license fees ($6.09B), Other business services ($5.48B), and Transportation ($3.08B) being the largest in terms of value.
China-Germany Trade: In 2023, China exported $164B to Germany. The main products that China exported to Germany were Broadcasting Equipment ($15.5B), Electric Batteries ($13.3B), and Computers ($12.7B). Over the past 5 years the exports of China to Germany have increased at an annualized rate of 6.8%, from $118B in 2018 to $164B in 2023.
In 2023, China did not export any services to Germany.
Comparison: In 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).