Latest reading: Merchandise exports shot up 10.6% over the same month last year in June (May: -0.5% year-on-year). June’s figure...
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 2021 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 | 1,549 |
Merchandise exports fall for the second consecutive month in May
Latest reading: Merchandise exports decreased 1.3% month on month in seasonally adjusted terms in May (April: -1.6% mom s.a.), marking the second consecutive decline as front-loading efforts ahead of higher trade barriers waned and U.S. tariff hikes came into play. Meanwhile, merchandise imports declined 3.9% over the same month last year in May (April: +2.2% yoy), marking the weakest reading in one year. As a result, the merchandise trade balance improved from the previous month, recording a USD 17.8 billion surplus in May (April 2025: USD 15.9 billion surplus; May 2024: USD 20.5 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 216.6 billion surplus in May, compared to the USD 219.4 billion surplus in April.
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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