🙋 The German Economy
🇩🇪 ♥
Home Population and Language Climate and Weather Political Structure Cuisine Places to Visit Pictures
Germany's top exports and imports, according to OEC:
Top exports and value in US dollars, by item and country (2022):
| |
Country |
| |
United States |
France |
China |
Netherlands |
Italy |
| Exports and value |
Top export |
Cars ($17B) |
Cars ($8.89B) |
Cars ($20.5B) |
Cars ($6.3B) |
Cars ($8.38B) |
| 2nd export |
Packaged Medicaments ($16B) |
Packaged Medicaments ($3.67B) |
Motor vehicles; parts and accessories ($9.81B) |
Vaccines, blood, antisera, toxins and cultures ($4.65B) |
Packaged Medicaments ($6.83B) |
| 3rd export |
Vaccines, blood, antisera, toxins and cultures ($9.2B) |
Aircraft Parts ($3.15B) |
Packaged Medicaments ($2.88B) |
Packaged Medicaments ($4.23B) |
Vaccines, blood, antisera, toxins and cultures ($4.13B) |
Top imports and value in US dollars, by item and country (2022):
| |
Country |
| |
China |
Netherlands |
Poland |
Belgium |
Italy |
| Imports and value |
Top import |
Computers ($12.5B) |
Refined Petroleum ($16.6B) |
Motor vehicles; parts and accessories ($4.88B) |
Petroleum Gas ($29.1B) |
Motor vehicles; parts and accessories ($3.39B) |
| 2nd import |
Electric Batteries ($8.08B) |
Broadcasting Equipment ($3.24B) |
Motor vehicles; parts and accessories ($9.81B) |
Vaccines, blood, antisera, toxins and cultures ($7.86B) |
Cars ($2.99B) |
| 3rd import |
Broadcasting Equipment ($8.03B) |
Vaccines, blood, antisera, toxins and cultures ($3.15B) |
Other Furniture ($2.19B) |
Refined Petroleum ($3.77B) |
Packaged Medicaments ($2.89B) |
Overall top exports and imports with value
E
x
p
o
r
t
s
#1) Cars: $149B
#2 Packaged Medicaments: $74.8B
#3 Motor vehicles; parts and accessories: $61.8B
#4 Vaccines, blood, antisera, toxins and cultures: $45.5B
#5 Refined Petroleum $25.7B
I
m
p
o
r
t
s
#1) Cars: $149B
#2 Packaged Medicaments: $74.8B
#3 Motor vehicles; parts and accessories: $61.8B
#4 Vaccines, blood, antisera, toxins and cultures: $45.5B
#5 Refined Petroleum $25.7B
Sectors of the German Economy
Primary "Agricultural" Sector: 0.9%
The primary sector consists of activities relating to the production, extraction, or harvest of raw materials. Jobs in this sector include mining, fishing, and agriculture. Around 1% of Germany's population is engaged in this sector.
Secondary "Manufacturing" Sector: 29.1%
The secondary sector consists of manufacturing and other activities relating to the processing and refinement of raw materials. Jobs in this sector include textile production, architecture, and metal processing. Around 29% of Germany's population is engaged in this sector.
Tertiary "Service" Sector: 70%
The tertiary sector consists of activities that provide services to consumers rather than goods. Jobs in this sector include entertainment, healthcare, transportation, and education. Around 70% (the majority) of Germany's population is engaged in this sector.
Economic Relations by Country
Germany has a strong presence in the global economy, with trading ties to a variety of countries. Here is some information about its economic relations with four of these countries.
The United States: 🇺🇸
In 2022, the United States was the top export destination from Germany, with a total export value of $153B. The top export destinations within the United States were California, Illinois, Georgia, Ohio, and Texas. From 1995 to 2022, exports from Germany to the United States have increased annually at an average rate of 5.31%. In 2022, Germany ranked 7th in export destinations from the United States, with a total export value of $70.9B. Exports from the United States to Germany mainly originated in Texas, California, Illinois, South Carolina, and Louisiana. From 1995 to 2022, exports from the United States to Germany have increased annually at an average rate of 4.08%.
China: 🇨🇳
In 2022, China ranked 3rd in export destinations from Germany, with a total export value of $109B. From 1995 ($6.59B in exports) to 2022, exports from Germany to China have increased annually at an average rate of 10.9%. In 2022, Germany ranked 4th in export destinations from China, with a total export value of $152B. From 1995 ($8.96B in exports) to 2022, exports from China to Germany have increased annually at an average rate of 11.1%.
The Netherlands: 🇳🇱
In 2022, the Netherlands ranked 4th in export destinations from Germany, with a total export value of $109B. From 1995 ($37.6B in exports) to 2022, exports from Germany to the Netherlands have increased annually at an average rate of 4%. In 2022, Germany was the top export destination from the Netherlands, with a total export value of $131B. From 1995 ($44.3B) to 2022, exports from the Netherlands to Germany have increased annually at an average rate of 4.09%.
Italy: 🇮🇹
In 2022, Italy ranked 5th in export destinations from Germany, with a total export value of $90.7B. From 1995 ($38.3B in exports) to 2022, exports from Germany to the Netherlands have increased annually at an average rate of 3.24%. In 2022, Germany was the top export destination from Italy, with a total export value of $78.5B. From 1995 ($42.6B) to 2022, exports from the Netherlands to Germany have increased annually at an average rate of 2.29%.