Overview: In November 2020 Germany exported €111B and imported €95.4B, resulting in a positive trade balance of €15.7B. Between November 2019 and November 2020 the exports of Germany have decreased by €-1.07B (-0.96%) from €112B to €111B, while imports increased by €683M (0.72%) from €94.7B to €95.4B.
Trade: In November 2020, the top exports of Germany were Motor cars and motor caravans (€11.2B), Pharmaceutical products (€7.29B), Chassis, bodies, engines etc. for motor... (€6.93B), Machinery for electricity production, distribution (€5.44B), and Other machinery (€4.54B). In November 2020 the top imports of Germany were Motor cars and motor caravans (€6.36B), Pharmaceutical products (€5B), Estimations for non-response (€4.89B), Chassis, bodies, engines etc. for motor... (€4.48B), and Machinery for electricity production, distribution (€4.33B).
Origins: In November 2020 the exports of Germany were mainly from Baden-Württemberg (€18.5B), North Rhine-Westphalia (€16.2B), Bavaria (€16.1B), Lower Saxony (€7.06B), and Hesse (€5.59B), while imports destinations were mainly North Rhine-Westphalia (€20B), Bavaria (€17.5B), Baden-Württemberg (€15.1B), Hesse (€9.69B), and Lower Saxony (€7.62B).
Destinations: In November 2020, Germany exported mostly to United States (€9.56B), China (€9.34B), France (€8.46B), Netherlands (€7.58B), and United Kingdom (€6.46B), and imported mostly from China (€10.8B), Netherlands (€7.74B), United States (€5.93B), Poland (€5.89B), and France (€5.72B).
Growth: In November 2020, the decrease in Germany's year-by-year exports was explained primarily by an decrease in exports to France (€-919M or -9.8%), Czechia (€-497M or -11.5%), and United States (€-317M or -3.2%), and product exports decrease in Aircraft (€-1.69B or -38.7%), Mineral oil products (€-480M or -40.5%), and Measuring and automatical control instruments (€-360M or -10.8%). In November 2020, the increase in Germany's year-by-year imports was explained primarily by an increase in imports from China (€1.05B or 10.8%), Poland (€704M or 13.6%), and Italy (€390M or 8.03%), and product imports increase in Motor cars and motor caravans (€1.07B or 20.3%), Pharmaceutical products (€659M or 15.2%), and Machinery for electricity production, distribution (€598M or 16%).