China / Germany

Overview In October 2024, China exported $8.99B and imported $7.44B from Germany, resulting in a positive trade balance of $1.54B. Between October 2023 and October 2024 the exports of China have increased by $1.48B (19.8%) from $7.5B to $8.99B, while imports decreased by $-628M (-7.78%) from $8.07B to $7.44B.

Trade In October 2024, the top exports of China to Germany were Electric Batteries ($955M), Computers ($615M), Telephones ($379M), Electrical Transformers ($266M), and Semiconductor Devices ($228M). In October 2024 the top imports of China from Germany were Cars ($1.29B), Packaged Medicaments ($1B), Motor vehicles; parts and accessories (8701... ($552M), Hydrogen ($215M), and Laboratory Reagents ($203M).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($1.93B), Zhejiang Province ($1.43B), Jiangsu Province ($1.32B), Fujian Province ($825M), and Shanghai Province ($765M), while imports destinations were mainly Shanghai Province ($1.88B), Beijing ($1.35B), Jiangsu Province ($1.14B), Guangdong Province ($929M), and Liaoning Province ($374M).

Growth In October 2024, the increase in China's year-by-year exports to Germany was explained primarily by an increase in product exports in Electric Batteries ($545M or 133%), Telephones ($111M or 41.5%), and Electrical Transformers ($97.3M or 57.9%). In October 2024, the decrease in China's year-by-year imports  from Germany was explained primarily by an decrease in product imports  in Motor vehicles; parts and accessories (8701... ($-223M or -28.8%), Cars ($-202M or -13.6%), and Planes, Helicopters, and/or Spacecraft ($-183M or -73.2%).