Country intelligence · DEU · 2024

Germany trade profile

In 2024, Germany recorded $1.6T in merchandise exports and $1.3T in imports, producing a $239.2B trade surplus. Exports changed -4.9% from the previous year, while imports changed -5.9%.[1]

Exports

$1.6T

-4.9%

Imports

$1.3T

-5.9%

Trade balance

$239.2B

surplus

Active partners

1080

214 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$1.6T$1.3T$239.2B-4.9%
2023$1.6T$1.4T$237.7B+2.0%
2022$1.6T$1.5T$92.0B+2.2%
2021$1.6T$1.4T$213.5B+18.1%
2020$1.3T$1.1T$219.7B-6.2%
2019$1.4T$1.2T$256.1B-4.6%
2018$1.5T$1.2T$278.6B+8.6%
2017$1.4T$1.1T$304.3B+6.9%
2016$1.3T$994.8B$283.3B-0.1%
2015$1.3T$989.5B$289.2B-11.2%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 87 · Vehicles

87 active HS6 lines · 189 export partners

$278.4B
2

HS 84 · Machinery

515 active HS6 lines · 197 export partners

$259.8B
3

HS 85 · Electrical machinery

262 active HS6 lines · 198 export partners

$158.6B
4

HS 30 · Pharmaceutical products

43 active HS6 lines · 190 export partners

$119.5B
5

HS 90 · HS chapter

142 active HS6 lines · 197 export partners

$80.3B
6

HS 39 · HS chapter

129 active HS6 lines · 193 export partners

$68.4B
7

HS 27 · Mineral fuels and oils

43 active HS6 lines · 180 export partners

$34.0B
8

HS 73 · HS chapter

124 active HS6 lines · 191 export partners

$33.4B

Leading export markets

Destinations rank bilateral export flows from Germany; growth describes each corridor rather than the whole economy.

1

United States

Annual change -0.9% · 3-year CAGR 5.9%

$161.7B
2

Netherlands

Annual change -6.3% · 3-year CAGR 0.4%

$110.4B
3

France

Annual change -14.6% · 3-year CAGR -4.9%

$106.9B
4

China

Annual change -11.2% · 3-year CAGR -7.7%

$93.4B
5

Italy

Annual change -7.1% · 3-year CAGR -0.7%

$86.7B
6

Poland

Annual change -1.0% · 3-year CAGR 1.6%

$86.6B
7

United Kingdom

Annual change -0.3% · 3-year CAGR 0.8%

$77.6B
8

Austria

Annual change -7.0% · 3-year CAGR -1.9%

$72.9B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.