Overview: In August 2020 Germany exported €90.9B and imported €79.6B, resulting in a positive trade balance of €11.3B. Between August 2019 and August 2020 the exports of Germany have decreased by €-9.88B (-9.8%) from €101B to €90.9B, while imports decreased by €-6.02B (-7.03%) from €85.6B to €79.6B.
Trade: In August 2020 the top exports of Germany were Motor cars and motor caravans (€6.65B), Pharmaceutical products (€6.41B), Chassis, bodies, engines etc. for motor... (€5.71B), Machinery for electricity production, distribution (€4.72B), and Other machinery (€3.88B). In August 2020 the top imports of Germany were Motor cars and motor caravans (€5.15B), Pharmaceutical products (€4.07B), Estimations for non-response (€3.99B), Machinery for electricity production, distribution (€3.42B), and Petroleum oil and petroleum gases (€3.21B).
Origins: In August 2020 the exports of Germany were mainly from Baden-Württemberg (€14B), North Rhine-Westphalia (€13.7B), Bavaria (€12.2B), Lower Saxony (€5.67B), and Hesse (€4.8B), while imports destinations were mainly North Rhine-Westphalia (€17.7B), Bavaria (€13.6B), Baden-Württemberg (€13.5B), Hesse (€7.96B), and Lower Saxony (€6.31B).
Destinations: In August 2020 Germany exported mostly to United States (€7.69B), China (€7.31B), France (€6.48B), Netherlands (€6.44B), and United Kingdom (€5.59B), and imported mostly from China (€9.43B), Netherlands (€6.76B), United States (€5.68B), Poland (€4.61B), and France (€4.16B).
Growth: In August 2020, the decrease in Germany's year-by-year exports was explained primarily by an decrease in exports to United States (€-2.07B or -21.2%), France (€-961M or -12.9%), and Netherlands (€-662M or -9.32%), and product exports decrease in Motor cars and motor caravans (€-1.5B or -18.4%), Aircraft (€-859M or -32.3%), and Chassis, bodies, engines etc. for motor... (€-711M or -11.1%). In August 2020, the decrease in Germany's year-by-year imports was explained primarily by an decrease in imports from Netherlands (€-1.17B or -14.7%), Russia (€-818M or -35.2%), and United Kingdom (€-661M or -21.3%), and product imports decrease in Petroleum oil and petroleum gases (€-1.76B or -35.4%), Chassis, bodies, engines etc. for motor... (€-919M or -24.7%), and Mineral oil products (€-731M or -42.3%).