Germany’s Top 10 Exports

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In 2014 exports from Germany amounted to US$1.511 trillion, up 18.9% since 2010. Germany’s Top 10 Exports accounted for 70.2% of the overall value of its global shipments.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, Germany’s total Gross Domestic Product amounted to $3.621 trillion in 2014.

Therefore, exports accounted for about 41.7% of total German economic output.

Given Germany’s population of 81 million people, the total $1.511 trillion in 2014 German exports translates to roughly $18,657 for every person in the country.

Germany’s Top 10 Exports

The following export product groups represent the highest dollar value in German global shipments during 2014. Also shown is the percentage share each export category represents in terms of Germany’s overall exports.

    1. Vehicles: $267.8 billion (17.7% of total exports)
    2. Machines, engines, pumps: $262.7 billion (17.4%)
    3. Electronic equipment: $147.4 billion (9.8%)
    4. Pharmaceuticals: $80.2 billion (5.3%)
    5. Plastics: $70.9 billion (4.7%)
    6. Medical, technical equipment: $68.6 billion (4.5%)
    7. Oil: $47.4 billion (3.1%)
    8. Aircraft, spacecraft: $47.4 billion (3.1%)
    9. Iron or steel products: $34.3 billion (2.3%)
    10. Organic chemicals: $33.5 billion (2.2%)


 

Among the top 10 German exports above, oil showed the greatest increase since 2010 up 78.2%. Aircraft and spacecraft were up 54.5% in the 5-year period ending in 2014. Exported German automobiles were up 31.8% over the same period, while plastics gained by 30.8%.

Electronic equipment exports didn’t fare as well, up only 10%

During 2014, Germany’s unemployment rate was 5%.

See also Germany’s Top Import Partners, Fastest-Growing German Export Products and Highest Value German Export Products

Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on March 19, 2015

The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on March 19, 2015

Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on March 19, 2015