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Germany Exports
Last Release
Dec 31, 2024
Actual
131.7
Units In
EUR Million
Previous
127.3
Frequency
Monthly
Next Release
Mar 10, 2025
Time to Release
29 Days 5 Hours
Highest | Lowest | Average | Date Range | Source |
142,759.21 Nov 2022 | 124.6 Oct 2024 | 35,052.95 EUR Million | 1950-2024 | Federal Statistical Office |
Germany is the third largest exporter in the world, with exports accounting for almost an half of its economic output. In 2017, Germany main exports were: motor vehicles, trailers and semi-trailers (18 percent of total exports); machinery and equipment (14 percent); chemicals and chemical products (9 percent); computer, electronic and optical products (9 percent); electrical equipment (6 percent); basic pharmaceutical products and pharmaceutical preparations (6 percent); other transport equipment (5 percent); food products (4 percent); basic metals (4 percent); and rubber and plastic products (4 percent). Main export partners were: the US (9 percent of the total exports), France (8 percent), China, the UK and the Netherlands (7 percent each), Italy, Austria and Poland (5 percent each), Switzerland (4 percent) and Belgium, Spain and Czech Republic (3 percent each).
Latest Updates
Exports from Germany unexpectedly increased by 2.9% month-over-month to an eight-month high of EUR 131.7 billion in December 2024, easily beating market estimates of a 0.6% decline, after an upwardly revised 2.3% increase in the previous month. It marked the second straight month of growth in outbound shipments and the fastest pace since January 2024, boosted by higher sales to the EU countries (5.9%), namely to the Euro area (6.7%) and the non-Euro area (3.9%). In contrast, sales to third countries dropped by 0.5%, weighed by lower sales to the US (-3.5%), Russia (-19.9%), and the UK (-6.6%), but rising to China (1.4%). For the 2024 full year, exports fell 1.0% to EUR 1.6 trillion.
Germany Exports History
Last 12 readings