Brandenburg Gate in Berlin, Germany

Germany Merchandise Exports

Germany Merchandise Exports

Merchandise Exports in Germany

Merchandise exports were worth EUR 1,594 billion in 2022, compared to EUR 1,088 billion ten years earlier and EUR 1,379 billion in 2021. Exports averaged EUR 1,271 billion over the last decade. 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: Federal Statistical Office, Germany.

Germany Merchandise Exports Data

2018 2019 2020 2021 2022
Merchandise Exports (EUR bn) 1,317 1,328 1,207 1,379 1,594

Merchandise exports increase in March

Merchandise exports rose 0.9% seasonally adjusted in month-on-month terms in March—smashing market expectations—following February’s 1.6% fall. Meanwhile, merchandise imports were broadly stable, rising just 0.3% over the prior month in March (February: +3.0% s.a. mom). Meanwhile, the merchandise trade balance deteriorated from the previous month, recording a USD 23.9 billion surplus in March (February 2024: USD 24.7 billion surplus; March 2023: USD 24.3 billion surplus). Lastly, the trend pointed down, with the 12-month trailing merchandise trade balance recording a USD 240.1 billion surplus in March, compared to the USD 240.5 billion surplus in February.

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 8 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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