Overview In November 2022, Germany exported €14.4B and imported €8.58B from United States, resulting in a positive trade balance of €5.81B. Between November 2021 and November 2022 the exports of Germany have increased by €3.41B (31.1%) from €11B to €14.4B, while imports increased by €2.97B (52.9%) from €5.61B to €8.58B.
Trade In November 2022, the top exports of Germany to United States were Motor cars and motor caravans (€2.79B), Pharmaceutical products (€2.19B), Chassis, bodies, engines etc. for motor... (€882M), Machinery for electricity production, distribution (€694M), and Other machinery (€665M). In November 2022 the top imports of Germany from United States were Pharmaceutical products (€1.08B), Motor cars and motor caravans (€783M), Aircraft (€756M), Petroleum oil and petroleum gases (€643M), and Medical, surgical equipment, orthopaedic apparatus (€471M).
Origins In November 2022 the exports of Germany were mainly from Baden-Württemberg (€3.55B), Bavaria (€2.77B), North Rhine-Westphalia (€1.55B), Hesse (€910M), and Saxony (€503M), while imports destinations were mainly Baden-Württemberg (€1.54B), Bavaria (€1.42B), North Rhine-Westphalia (€1.41B), Hesse (€1.29B), and Hamburg (€965M).
Growth In November 2022, the increase in Germany's year-by-year exports to United States was explained primarily by an increase in product exports in Pharmaceutical products (€277M or 22.5%), Other semi-finished products (€171M or 107%), and Radioactive elements and radioactive isotopes (€34.8M or 1.72k%). In November 2022, the increase in Germany's year-by-year imports from United States was explained primarily by an increase in product imports in [object Object], [object Object], and [object Object].