Latest reading: In September, the trade balance was USD -2.4 billion, following a USD -1.9 billion reading in the previous...
Merchandise Exports in Germany
Merchandise exports were worth EUR 1,549 billion in 2024 compared to EUR 1,124 billion ten years earlier and EUR 1,549 billion in 2023. Over the last decade, exports averaged EUR 1,340 billion. For more exports information, visit our dedicated page.
Germany Merchandise Exports Chart
Note: This chart displays Merchandise Exports (EUR bn) for Germany from 2025 to 2020.
Source: Macrobond.
Germany Merchandise Exports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Exports (EUR bn) | 1,207 | 1,371 | 1,594 | 1,575 | 1,550 |
Merchandise trade surplus narrows in August
Latest reading: In August, the trade balance was USD +12.8 billion, following a USD +17.1 billion reading in the previous month. Over the last 12 months, the trade balance summed to USD +204.0 billion. Exports dropped 0.5% in seasonally adjusted month-on-month terms in August, following a 0.2% drop in the prior month. Imports dropped 1.3% in seasonally adjusted month-on-month terms in August, following a 0.7% fall in the prior month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects German merchandise exports projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for German merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German merchandise exports projections.
Want to get access to the full dataset of German merchandise exports forecasts? Send an email to info@focus-economics.com.
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