Overview: In July 2020 Germany exported €102B and imported €83.1B, resulting in a positive trade balance of €18.6B. Between July 2019 and July 2020 the exports of Germany have decreased by €-12.6B (-11%) from €114B to €102B, while imports decreased by €-11.1B (-11.8%) from €94.2B to €83.1B.
Trade: In July 2020 the top exports of Germany were Motor cars and motor caravans (€9.89B), Pharmaceutical products (€7.55B), Chassis, bodies, engines etc. for motor... (€5.89B), Machinery for electricity production, distribution (€5.17B), and Other machinery (€4.18B). In July 2020 the top imports of Germany were Pharmaceutical products (€4.76B), Motor cars and motor caravans (€4.15B), Estimations for non-response (€4.14B), Machinery for electricity production, distribution (€3.72B), and Chassis, bodies, engines etc. for motor... (€3.63B).
Origins: In July 2020 the exports of Germany were mainly from Baden-Württemberg (€17.1B), Bavaria (€14.9B), North Rhine-Westphalia (€14.5B), Lower Saxony (€6.08B), and Hesse (€5.09B), while imports destinations were mainly North Rhine-Westphalia (€17.6B), Bavaria (€14.9B), Baden-Württemberg (€14.3B), Hesse (€7.69B), and Lower Saxony (€6.76B).
Destinations: In July 2020 Germany exported mostly to United States (€9.34B), China (€8.71B), France (€7.69B), Netherlands (€6.82B), and United Kingdom (€5.49B), and imported mostly from China (€10.3B), Netherlands (€7.03B), United States (€5.22B), Poland (€4.79B), and Italy (€4.58B).
Growth: In July 2020, the decrease in Germany's year-by-year exports was explained primarily by a decrease in exports to United States (€-1.93B or -17.1%), France (€-1.34B or -14.9%), and Netherlands (€-787M or -10.4%), and product exports decrease in Aircraft (€-1.84B or -41.8%), Motor cars and motor caravans (€-1.27B or -11.4%), and Chassis, bodies, engines etc. for motor... (€-1.01B or -14.7%). In July 2020, the decrease in Germany's year-by-year imports was explained primarily by a decrease in imports from France (€-1.28B or -22.8%), Netherlands (€-1.08B or -13.3%), and United States (€-990M or -15.9%), and product imports decrease in Petroleum oil and petroleum gases (€-2.12B or -41%), Other prefabricated chemicals (€-1.05B or -46.6%), and Aircraft (€-1.03B or -46.2%).