Latest reading: Merchandise exports contracted 1.5% on an annual basis in May, contrasting April’s 12.4% upturn. The outturn marked the...
Merchandise Imports in Germany
Merchandise imports were worth EUR 1,308 billion in 2024 compared to EUR 910 billion ten years earlier and EUR 1,357 billion in 2023. Imports averaged EUR 1,130 billion over the last decade. For more imports information, visit our dedicated page.
Germany Merchandise Imports Chart
Note: This chart displays Merchandise Imports (EUR bn) for Germany from 2022 to 2024.
Source: Macrobond.
Germany Merchandise Imports Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Imports (EUR bn) | 1,027 | 1,195 | 1,506 | 1,357 | 1,308 |
Merchandise exports fall in April as boost from front-loading ahead of U.S. tariff hikes fades
Latest reading: Merchandise exports shrank 1.7% month on month in seasonally adjusted terms in April, contrasting March’s 1.2% rise and marking the first decline in six months as front-loading efforts ahead of higher trade barriers simmered and U.S. tariff hikes came into play. Meanwhile, merchandise imports rebounded 3.9% on a monthly basis in April (March: +1.4% mom s.a.). As a result, the merchandise trade balance deteriorated from the previous month, recording a EUR 14.7 billion surplus in April (March 2025: EUR 23.5 billion surplus; April 2024: EUR 23.5 billion surplus). Lastly, the trend worsened, with the 12-month trailing merchandise trade balance recording a EUR 219.0 billion surplus in April, compared to the EUR 227.7 billion surplus in March.
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 imports 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 imports forecast available for German merchandise imports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our German merchandise imports projections.
Want to get access to the full dataset of German merchandise imports forecasts? Send an email to info@focus-economics.com.
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