Overview In December 2022, Germany exported €490M and imported €240M from Israel, resulting in a positive trade balance of €251M. Between December 2021 and December 2022 the exports of Germany have increased by €25.4M (5.47%) from €465M to €490M, while imports increased by €18.3M (8.25%) from €222M to €240M.
Trade In December 2022, the top exports of Germany to Israel were Pharmaceutical products (€55.6M), Motor cars and motor caravans (€39.7M), Railway or tramway locomotives and rolling... (€26.6M), Machinery for electricity production, distribution (€20.9M), and Other machinery (€20.8M). In December 2022 the top imports of Germany from Israel were Medical, surgical equipment, orthopaedic apparatus (€17.7M), Measuring and automatical control instruments (€13.1M), Other chemical semi-finished products (€10.6M), Articles of plastic (€9.91M), and Electronic devices (€9.83M).
Origins In December 2022 the exports of Germany were mainly from Baden-Württemberg (€79.4M), Bavaria (€67.3M), North Rhine-Westphalia (€57.1M), Lower Saxony (€27.7M), and Hesse (€24.4M), while imports destinations were mainly Baden-Württemberg (€54.6M), Hesse (€44.6M), Bavaria (€40.9M), North Rhine-Westphalia (€30M), and Lower Saxony (€15.4M).
Growth In December 2022, the increase in Germany's year-by-year exports to Israel was explained primarily by an increase in product exports in Pharmaceutical products (€26.8M or 93.2%), Railway or tramway locomotives and rolling... (€24.6M or 1.23k%), and Motor cars and motor caravans (€18.7M or 89.2%). In December 2022, the increase in Germany's year-by-year imports from Israel was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].