Latest reading: Merchandise exports rose 7.5% annually in July, on the heels of June’s 10.8% upturn and underpinned by higher...
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 rebound in June
Latest reading: Merchandise exports climbed 0.8% in month-on-month seasonally adjusted terms in June (May: -1.4% mom s.a.). Meanwhile, merchandise imports rose 4.2% over last month in June (May: -3.9% mom s.a.), marking the strongest result since January 2025. As a result, the merchandise trade balance deteriorated from the previous month, recording a USD 15.5 billion surplus in June (May 2025: USD 17.8 billion surplus; June 2024: USD 21.6 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 211.4 billion surplus in June, compared to the USD 217.5 billion surplus in May.
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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