2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

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).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $104B to China. The main products exported from Germany to China were Cars ($16.2B), Motor vehicles; parts and accessories (8701 to 8705) ($8.72B), and Packaged Medicaments ($3.07B). During the last 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 2018, China exported $164B to Germany. The main products exported from China to Germany were Broadcasting Equipment ($15.5B), Electric Batteries ($13.3B), and Computers ($12.7B). During the last 5 years the exports of China to Germany have increased at an annualized rate of 6.8%, from $118B in 2023 to $164B in 2018.

Exports from Germany (Flag) to China (Flag) (2023)

Exports from China (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top Destination
United States$157B
China
Top Destination
United States$436B

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 2023, countries that imported more from Germany than China included France ($118B), Austria ($71.6B), and Italy ($94.7B).

In 2023, countries that imported more from China than Germany included United States ($436B), Hong Kong ($259B), and Japan ($169B).

Difference in imports from China (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - China

Flow
Scale

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

During 2023, Germany had a large net trade with China in the exports of Machines ($38.5B), Transportation ($28.6B), and Chemical Products ($10.2B).

During 2018, China had a large net trade with Germany in the exports of Machines ($96B), Textiles ($10.6B), and Miscellaneous ($9.71B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany China+$1.05BIntegrated Circuits
Top Product Potential China Germany+$2.14BTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and China. This means that a dot/product with the flag of Germany indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Germany.

Product Space of Germany (Flag) and China (Flag) (2023)

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