Overview: In May 2020 Germany exported €79.9B and imported €73.4B, resulting in a positive trade balance of €6.47B. Between May 2019 and May 2020 the exports of Germany have decreased by €-33B (-29.3%) from €113B to €79.9B, while imports decreased by €-20.3B (-21.7%) from €93.7B to €73.4B.
Trade: In May 2020 the top exports of Germany were Pharmaceutical products (€6.62B), Motor cars and motor caravans (€4.44B), Machinery for electricity production, distribution (€3.98B), Chassis, bodies, engines etc. for motor... (€3.82B), and Other machinery (€3.28B). In May 2020 the top imports of Germany were Pharmaceutical products (€4.75B), Estimations for non-response (€3.61B), Machinery for electricity production, distribution (€2.97B), Office and automatic data processing machines (€2.73B), and Other textile products (€2.68B).
Origins: In May 2020 the exports of Germany were mainly from Baden-Württemberg (€12.8B), North Rhine-Westphalia (€12.3B), Bavaria (€10.6B), Lower Saxony (€4.99B), and Hesse (€4.2B), while imports destinations were mainly North Rhine-Westphalia (€16.3B), Baden-Württemberg (€12.6B), Bavaria (€11.8B), Hesse (€7.32B), and Lower Saxony (€5.69B).
Destinations: In May 2020 Germany exported mostly to China (€7.16B), United States (€6.47B), France (€6.13B), Netherlands (€5.9B), and Switzerland (€4.38B), and imported mostly from China (€10.8B), Netherlands (€6.68B), United States (€4.47B), Poland (€3.98B), and France (€3.96B).
Growth: In May 2020, the decrease in Germany's year-by-year exports was explained primarily by a decrease in exports to United States (€-3.73B or -36.5%), United Kingdom (€-3.07B or -47.2%), and France (€-2.85B or -31.8%), and product exports decrease in Motor cars and motor caravans (€-6.85B or -60.7%), Chassis, bodies, engines etc. for motor... (€-3.53B or -48%), and Aircraft (€-2.52B or -57.9%). In May 2020, the decrease in Germany's year-by-year imports was explained primarily by a decrease in imports from Netherlands (€-1.89B or -22.1%), France (€-1.78B or -31%), and United States (€-1.67B or -27.2%), and product imports decrease in Motor cars and motor caravans (€-2.85B or -51.9%), Petroleum oil and petroleum gases (€-2.81B or -52.7%), and Chassis, bodies, engines etc. for motor... (€-2.71B or -55.6%).