2023
Flag  
GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
 GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC 
$12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195
2023
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GDP PC
$54,343CURRENT US$
Rnk 21 / 196
2013-2023
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GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195

About

China-Germany Trade: In 2023, China exported $164B to Germany. The main products that China exported to Germany were Broadcasting Equipment ($15.5B), Electric Batteries ($13.3B), and Computers ($12.7B). Over the past 5 years the exports of China to Germany have increased at an annualized rate of 6.8%, from $118B in 2018 to $164B in 2023.

In 2023, China did not export any services to Germany.

Germany-China Trade: In 2023, Germany exported $104B to China. The main products that Germany exported to China were Cars ($16.2B), Motor vehicles; parts and accessories (8701 to 8705) ($8.72B), and Packaged Medicaments ($3.07B). Over the past 5 years the exports of Germany to China have decreased at an annualized rate of 0.39%,  from $106B in 2018 to $104B in 2023.

In 2020, Germany exported services to China worth $14.9B, with Royalties and license fees ($6.09B), Other business services ($5.48B), and Transportation ($3.08B) being the largest in terms of value.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, China exported $164B to Germany. The main products exported from China to Germany were Broadcasting Equipment ($15.5B), Electric Batteries ($13.3B), and Computers ($12.7B). During the last 5 years the exports of China to Germany have increased at an annualized rate of 6.8%, from $118B in 2018 to $164B in 2023.

In 2018, Germany exported $104B to China. The main products exported from Germany to China were Cars ($16.2B), Motor vehicles; parts and accessories (8701 to 8705) ($8.72B), and Packaged Medicaments ($3.07B). During the last 5 years the exports of Germany to China have decreased at an annualized rate of 0.39%, from $106B in 2023 to $104B in 2018.

Exports from China (Flag) to Germany (Flag) (2023)

Exports from Germany (Flag) to China (Flag) (2023)

Market Competitiveness

Color
China
Top Destination
United States$436B
Germany
Top Destination
United States$157B

This map shows whether countries import more from China or Germany. Each country is colored based on the difference in imports they receive from China and Germany or the difference in the growth in imports.

In 2023, countries that imported more from China than Germany included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Germany than China included France ($118B), Austria ($71.6B), and Italy ($94.7B).

Difference in imports from Germany (Flag) and China (Flag) (2023)

Comparative Advantage China - Germany

Flow
Scale

This chart compares trade between China and Germany by product, considering products traded by both, China and Germany.

During 2023, China had a large net trade with Germany in the exports of Machines ($96B), Textiles ($10.6B), and Miscellaneous ($9.71B).

During 2018, Germany had a large net trade with China in the exports of Machines ($38.5B), Transportation ($28.6B), and Chemical Products ($10.2B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Germany+$2.14BTelephones
Top Product Potential Germany China+$1.05BIntegrated Circuits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2020, Germany exported services to China worth $14.9B, with Royalties and license fees ($6.09B), Other business services ($5.48B), and Transportation ($3.08B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Germany (Flag) to China (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Germany. This means that a dot/product with the flag of China indicates it has a comparative advantage over Germany. Similarly, a dot/product with the flag of Germany indicates it has a comparative advantage over China.

Product Space of China (Flag) and Germany (Flag) (2023)

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