Overview In August 2023, Germany exported €5.79B and imported €2.8B from United Kingdom, resulting in a positive trade balance of €2.99B. Between August 2022 and August 2023 the exports of Germany have decreased by €-61.6M (-1.05%) from €5.85B to €5.79B, while imports decreased by €-330M (-10.5%) from €3.13B to €2.8B.
Trade In August 2023, the top exports of Germany to United Kingdom were Motor cars and motor caravans (€813M), Chassis, bodies, engines etc. for motor... (€429M), Pharmaceutical products (€323M), Machinery for electricity production, distribution (€208M), and Articles of plastic (€186M). In August 2023 the top imports of Germany from United Kingdom were Petroleum oil and petroleum gases (€352M), Aircraft (€319M), Pharmaceutical products (€269M), Motor cars and motor caravans (€248M), and Chassis, bodies, engines etc. for motor... (€85.8M).
Origins In August 2023 the exports of Germany were mainly from Bavaria (€808M), North Rhine-Westphalia (€787M), Baden-Württemberg (€727M), Lower Saxony (€530M), and Saxony (€295M), while imports destinations were mainly North Rhine-Westphalia (€653M), Bavaria (€378M), Hesse (€337M), Baden-Württemberg (€295M), and Brandenburg (€191M).
Growth In August 2023, the decrease in Germany's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Gold for industrial purposes (€-98.9M or -91.9%), Other semi-finished products (€-38.3M or -40.7%), and Aircraft (€-19.8M or -34.9%). In August 2023, the decrease in Germany's year-by-year imports from United Kingdom was explained primarily by an decrease in product imports in [object Object], [object Object], and [object Object].