Brandenburg Gate in Berlin, Germany

Germany Merchandise Trade Balance (EUR bn)

Merchandise Trade Balance in Germany

Merchandise exports increase at a softer rate in March

Merchandise exports increased 4.3% annually in March, following February’s 6.4% increase. March’s outturn marked the weakest expansion since February 2021. Meanwhile, merchandise imports declined 5.6% in annual terms in March (February: +2.7% yoy), marking the weakest result since January 2021.

As a result, the merchandise trade balance improved from the previous month, recording a USD 22.5 billion surplus in March (February 2023: USD 17.0 billion surplus; March 2022: USD 9.2 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 105.4 billion surplus in March, compared to the USD 92.1 billion surplus in February.

Germany Merchandise Trade Balance Chart

This chart displays Merchandise Trade Balance (EUR bn) for Germany from 2013 to 2022.

Germany Merchandise Trade Balance Data

2017 2018 2019 2020 2021
Merchandise Trade Balance (EUR bn) 247.9 228.7 224.0 180.4 175.3

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest