Overview In November 2022 Germany exported €143B and imported €133B, resulting in a positive trade balance of €9.61B. Between November 2021 and November 2022 the exports of Germany have increased by €20.3B (16.6%) from €122B to €143B, while imports increased by €22.1B (19.9%) from €111B to €133B.
Trade In November 2022, the top exports of Germany were Motor cars and motor caravans (€14.9B), Pharmaceutical products (€11B), Chassis, bodies, engines etc. for motor... (€7.4B), Machinery for electricity production, distribution (€6.85B), and Other machinery (€5.34B). In November 2022 the top imports of Germany were Petroleum oil and petroleum gases (€9.56B), Machinery for electricity production, distribution (€7.71B), Motor cars and motor caravans (€6.83B), Pharmaceutical products (€6.49B), and Estimations for non-response (€6.09B).
Origins In November 2022 the exports of Germany were mainly from Baden-Württemberg (€23.5B), Bavaria (€20.6B), North Rhine-Westphalia (€20.5B), Lower Saxony (€9.63B), and Hesse (€7.08B), while imports destinations were mainly North Rhine-Westphalia (€27.1B), Bavaria (€23.1B), Baden-Württemberg (€21.1B), Lower Saxony (€15.1B), and Hesse (€12.1B).
Destinations In November 2022, Germany exported mostly to United States (€14.4B), France (€10.5B), Netherlands (€10.1B), Poland (€8.05B), and Austria (€7.93B), and imported mostly from Netherlands (€10.3B), United States (€8.58B), Poland (€7.36B), Italy (€6.45B), and France (€6.25B).
Growth In November 2022, the increase in Germany's year-by-year exports was explained primarily by an increase in exports to China (€223M or 3.06%), Spain (€81.6M or 3.04%), and Algeria (€39.9M or 43.5%), and product exports increase in Pharmaceutical products (€483M or 7.37%), Office and automatic data processing machines (€224M or 12.2%), and Other semi-finished products (€173M or 15.7%). In November 2022, the increase in Germany's year-by-year imports was explained primarily by an increase in imports from Poland (€191M or 3.93%), South Africa (€164M or 20.8%), and Italy (€95.6M or 2.21%), and product imports increase in Other semi-finished products (€500M or 45.1%), Office and automatic data processing machines (€288M or 8.89%), and Machinery for electricity production, distribution (€278M or 7.19%).