Germany Exports

Last Release

Sep 30, 2024

Actual

128.2

Units In

EUR Million

131.9

Frequency

Monthly

Next Release

Dec 06, 2024

Time to Release

27 Days 6 Hours

Highest	Lowest	Average	Date Range	Source
142,759.21 Nov 2022	125.69 Dec 2023	35,169.75 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 declined by 1.7% month-over-month to EUR 131.9 billion in September 2024, compared with market expectations of a 1.4% fall and after a marginally revised 1.2% growth in the previous month. It was the first drop in outbound shipments since June, with sales to the EU down by 1.8%, notably to the Euro area (-2.4%) and non-Euro area (-0.3%). Additionally, exports to third countries slipped by 1.6%, dragged by lower sales to the US (-0.3%) and the UK (-0.6%) but grew to China (5.6%) and Russia (20.1%). For the first nine months of the year, exports fell 1.0% from the same period in 2023 to EUR 1,175.5 billion.