Overview In July 2021 Germany exported €114B and imported €97.8B, resulting in a positive trade balance of €16.4B. Between July 2020 and July 2021 the exports of Germany have increased by €12.6B (12.4%) from €102B to €114B, while imports increased by €14.7B (17.7%) from €83.1B to €97.8B.
Trade In July 2021, the top exports of Germany were Motor cars and motor caravans (€8.81B), Pharmaceutical products (€8.55B), Chassis, bodies, engines etc. for motor... (€6.61B), Machinery for electricity production, distribution (€5.92B), and Other machinery (€4.44B). In July 2021 the top imports of Germany were Petroleum oil and petroleum gases (€5.48B), Pharmaceutical products (€5.23B), Estimations for non-response (€4.74B), Machinery for electricity production, distribution (€4.71B), and Motor cars and motor caravans (€4B).
Origins In July 2021 the exports of Germany were mainly from Baden-Württemberg (€18.6B), North Rhine-Westphalia (€16.8B), Bavaria (€16.3B), Lower Saxony (€6.9B), and Hesse (€5.59B), while imports destinations were mainly North Rhine-Westphalia (€21.8B), Bavaria (€17.1B), Baden-Württemberg (€15.8B), Hesse (€9.63B), and Lower Saxony (€8.36B).
Destinations In July 2021, Germany exported mostly to United States (€10.8B), France (€8.46B), China (€8.36B), Netherlands (€8.25B), and Italy (€6.62B), and imported mostly from China (€10.9B), Netherlands (€8.72B), Italy (€5.69B), United States (€5.55B), and Poland (€5.47B).
Growth In July 2021, the increase in Germany's year-by-year exports was explained primarily by an increase in exports to United States (€1.49B or 16%), Netherlands (€1.43B or 21%), and Italy (€1.34B or 25.3%), and product exports increase in Pharmaceutical products (€997M or 13.2%), Plastics (€844M or 46.6%), and Machinery for electricity production, distribution (€747M or 14.4%). In July 2021, the increase in Germany's year-by-year imports was explained primarily by an increase in imports from Netherlands (€1.69B or 24%), Belgium (€1.6B or 56%), and Russia (€1.16B or 78.2%), and product imports increase in Petroleum oil and petroleum gases (€2.42B or 79.3%), Other semi-finished products (€1.01B or 101%), and Machinery for electricity production, distribution (€983M or 26.4%).