Overview: In June 2020 Germany exported €95.3B and imported €80.7B, resulting in a positive trade balance of €14.6B. Between June 2019 and June 2020 the exports of Germany have decreased by €-9.79B (-9.31%) from €105B to €95.3B, while imports decreased by €-9.21B (-10.2%) from €89.9B to €80.7B.
Trade: In June 2020 the top exports of Germany were Motor cars and motor caravans (€8.86B), Pharmaceutical products (€6.97B), Chassis, bodies, engines etc. for motor... (€5.25B), Machinery for electricity production, distribution (€4.67B), and Other machinery (€3.8B). In June 2020 the top imports of Germany were Pharmaceutical products (€4.77B), Motor cars and motor caravans (€4.6B), Estimations for non-response (€4.14B), Machinery for electricity production, distribution (€3.56B), and Chassis, bodies, engines etc. for motor... (€3.29B).
Origins: In June 2020 the exports of Germany were mainly from Baden-Württemberg (€15B), North Rhine-Westphalia (€13.8B), Bavaria (€13.2B), Lower Saxony (€6.07B), and Hesse (€4.66B), while imports destinations were mainly North Rhine-Westphalia (€17.4B), Baden-Württemberg (€14.7B), Bavaria (€13.8B), Hesse (€7.64B), and Lower Saxony (€6.19B).
Destinations: In June 2020 Germany exported mostly to China (€8.3B), France (€7.75B), United States (€7.32B), Netherlands (€6.83B), and United Kingdom (€5.03B), and imported mostly from China (€9.75B), Netherlands (€6.85B), United States (€4.54B), Poland (€4.54B), and France (€4.48B).
Growth: In June 2020, the decrease in Germany's year-by-year exports was explained primarily by a decrease in exports to United States (€-1.91B or -20.7%), France (€-949M or -10.9%), and United Kingdom (€-939M or -15.7%), and product exports decrease in Chassis, bodies, engines etc. for motor... (€-1.43B or -21.3%), Aircraft (€-997M or -25.7%), and Motor cars and motor caravans (€-720M or -7.52%). In June 2020, the decrease in Germany's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-1.2B or -14.9%), France (€-1.09B or -19.6%), and United States (€-972M or -17.6%), and product imports decrease in Petroleum oil and petroleum gases (€-2.16B or -43.9%), Motor cars and motor caravans (€-1.34B or -22.6%), and Mineral oil products (€-1.24B or -57.2%).