Germany Trade Balance
Germany Trade Balance recorded a surplus of 18.9 USD bn in Nov 2020, compared with a surplus of 21.4 USD bn in the previous month. Germany Trade Balance data is updated monthly, available from Jan 1957 to Nov 2020, with an averaged value of 3.1 USD bn. The data reached an all-time high of 28.7 USD bn in Jul 2014 and a record low of -443.5 USD mn in May 1991. CEIC converts monthly Trade Balance into USD. Deutsche Bundesbank provides Trade Balance in EUR. Federal Reserve Board average market exchange rate is used for currency conversions. Trade Balance prior to January 1990 covers West Germany only and prior to January 1960 excludes Saarland.
In the latest reports, Germany Total Exports reached 123.4 USD bn in Oct 2020, a decrease of 6.6 % year on year. Total Imports recorded 107.3 USD bn in Nov 2020, a decrease of 1.6 % year on year.
View Germany's Trade Balance from Jan 1957 to Nov 2020 in the chart:
What was Germany's Trade Balance in Nov 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 18,850.6 Nov 2020 | 21,441.3 Oct 2020 | -443.5 May 1991 | 28,662.9 Jul 2014 | USD mn | monthly | Jan 1957 - Nov 2020 |
Trade Balance by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (USD mn) | -376.8 Dec 2020 | monthly | Oct 1998 - Dec 2020 |
| Algeria (USD mn) | -791.7 Jan 2020 | monthly | Jan 2000 - Jan 2020 |
| Argentina (USD mn) | 141.2 Nov 2020 | monthly | Jan 1991 - Nov 2020 |
| Armenia (USD mn) | -197.4 Nov 2020 | monthly | Nov 1995 - Nov 2020 |
| Australia (USD mn) | 3,651.0 Nov 2020 | monthly | Jul 1971 - Nov 2020 |
| Austria (USD mn) | -377.4 Oct 2020 | monthly | Jan 1957 - Oct 2020 |
| Azerbaijan (USD mn) | -91.6 Nov 2020 | monthly | Jan 2000 - Nov 2020 |
| Bahrain (USD mn) | 856.2 2019 | yearly | 1966 - 2019 |
| Bangladesh (USD mn) | -915.4 Oct 2020 | monthly | Jul 1986 - Oct 2020 |
| Belarus (USD mn) | 309.3 Oct 2020 | monthly | Jan 2000 - Oct 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.9 Sep 2020 | quarterly | Dec 1991 - Sep 2020 |
| Consolidated Fiscal Balance (USD mn) | -52,265.638 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| Tax Revenue (USD mn) | 211,216.400 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 21.4 Sep 2020 | quarterly | Mar 1991 - Sep 2020 |
| National Government Debt (USD mn) | 2,749,308.4 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
| Government Debt: % of GDP (%) | 67.5 Jun 2020 | quarterly | Mar 2000 - Jun 2020 |
| Forecast: Government Expenditure (EUR bn) | 1,839.709 2025 | yearly | 1991 - 2025 |
| Forecast: Government Net Debt (EUR bn) | 2,398.769 2025 | yearly | 1991 - 2025 |
| Forecast: Government Revenue (EUR bn) | 1,881.848 2025 | yearly | 1991 - 2025 |
| General Govt Debt: Foreign Creditors (EUR bn) | 1,107.065 Sep 2020 | quarterly | Dec 1998 - Sep 2020 |
| General Government Debt: as % of GDP (%) | 70.000 Sep 2020 | quarterly | Mar 2000 - Sep 2020 |
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