Germany (DEU) and China (CHN) Trade | OEC - The Observatory of Economic Complexity

About

Germany-China In 2020, Germany exported $106B to China. The main products that Germany exported to China are Cars ($16.7B), Motor vehicles; parts and accessories (8701 to 8705) ($10.5B), and Packaged Medicaments ($3.19B). During the last 25 years the exports of Germany to China have increased at an annualized rate of 11.8%, from $6.58B in 1995 to $106B in 2020.

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 In 2020, China exported $112B to Germany. The main products that China exported to Germany were Broadcasting Equipment ($12.6B), Computers ($11.2B), and Other Cloth Articles ($5.79B). During the last 25 years the exports of China to Germany have increased at an annualized rate of 10.6%, from $8.98B in 1995 to $112B in 2020.

In 2020, China did not export any services to Germany.

Comparison In 2020, Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Latest Trends

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November, 2021

About

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Overview In November 2021, Germany exported €8.49B and imported €13.2B from China, resulting in a negative trade balance of €4.67B. Between November 2020 and November 2021 the exports of Germany have decreased by €-852M (-9.12%) from €9.34B to €8.49B, while imports increased by €2.41B (22.4%) from €10.8B to €13.2B.

Trade In November 2021, the top exports of Germany to China were . In November 2021 the top imports of Germany from China were .

Origins In November 2021 the exports of Germany were mainly from N/A, while imports destinations were mainly N/A.

Growth In November 2021, the decrease in Germany's year-by-year exports to China was explained primarily by an decrease in product exports in . In November 2021, the increase in Germany's year-by-year imports from China was explained primarily by an increase in product imports in .

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (November 2020 - November 2021): €-852M, (-9.12%)

IMPORT GROWTH (November 2020 - November 2021): €2.41B, (22.4%)

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check China and Germany trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2020, Germany exported $106B to China. The main products exported from Germany to China were Cars ($16.7B), Motor vehicles; parts and accessories (8701 to 8705) ($10.5B), and Packaged Medicaments ($3.19B). During the last 25 years the exports of Germany to China have increased at an annualized rate of 11.8%, from $6.58B in 1995 to $106B in 2020.

In 2020, China exported $112B to Germany. The main products exported from China to Germany were Broadcasting Equipment ($12.6B), Computers ($11.2B), and Other Cloth Articles ($5.79B). During the last 25 years the exports of China to Germany have increased at an annualized rate of 10.6%, from $8.98B in 1995 to $112B in 2020.

Market Competitiveness

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Measure

SectionYear

Germany
Top Destination: United States, $116B

China
Top Destination: United States, $438B

This map shows whether countries import more from Germany or China. Each country is colored based on the difference in imports they receive from Germany and China or the difference in the growth in imports.

In 2019, countries that imported more from Germany than China were France ($101B), Austria ($64.4B), and Switzerland ($62.7B).

In 2019, countries that imported more from China than Germany were United States ($438B), Hong Kong ($262B), and Japan ($151B).

Comparative Advantage Germany - China

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Flow

Scale

Year

This chart compares trade between Germany and China by product, considering products traded by both, Germany and China.

During 2020, Germany had a large net trade with China in the exports of Machines ($37.7B), Transportation ($31.9B), and Chemical Products ($10.2B).

During 2020, China had a large net trade with Germany in the exports of Machines ($58B), Textiles ($14.5B), and Miscellaneous ($8.3B).

Service Trade

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Bilateral Service Trade

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Deu Year

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.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Germany has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Germany.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Germany - China

Service Trade

Bilateral Service Trade

Economic Complexity

Competitive Landscape

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