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Germany Net Trade (Goods & Services, BoP)

Germany's net trade (goods & services, bop) fell to $174.8 billion in 2024, down from $176.81 billion in 2023, according to World Bank. This represents a decrease of 1.1% ($2.01 billion) from the previous year. Germany has the 4th highest net trade (goods & services, bop). Other top countries are China, Singapore, Ireland and Netherlands.

Yearly Historical Data (1971-2024)

(in Billion USD)
Year Net Trade (Goods & Services, BoP) (Billion USD)
2024 174.8
2023 176.81
2022 108.36
2021 227.42
2020 211.44
2019 222.71
2018 242.88
2017 265.99
2016 257.05
2015 253.86
2014 259.38
2013 220.2
2012 217.95
2011 186.11
2010 178.34
2009 168.09
2008 222.42
2007 223.25
2006 158.28
2005 144
2004 141.66
2003 92.32
2002 85.41
2001 30.94
2000 4.1
1999 12.33
1998 26.64
1997 22.96
1996 16.94
1995 9.75
1994 2.71
1993 0.61
1992 -10.42
1991 -8.62
1990 45.84
1989 59.54
1988 60.09
1987 55.19
1986 46.14
1985 22.91
1984 14.99
1983 11.34
1982 15.45
1981 5.18
1980 -4.88
1979 5.75
1978 17.35
1977 13.17
1976 11.06
1975 9.36
1974 15.08
1973 9.33
1972 4.17
1971 3.13
Germany Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in Germany, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.
Indicator Last Value Prior Value Period
Annual Exports $1.69T $1.73T 2024
Annual Imports $1.43T $1.49T 2024
Balance of Trade €17.2B €16.3B Aug'25
Exports €130B €130B Aug'25
Exports (% GDP) 42.1% 43.4% 2024
FDI Inflows (% GDP) 1.02% 1.71% 2024
Imports €112B €114B Aug'25
Imports (% GDP) 38.24% 39.4% 2024
Tariff Rate 1.95% 2.24% 2022
Trade (% GDP) 80.34% 82.8% 2024