Below is a list showcasing 15 of Germany’s top trading partners. That is, countries that imported the most German shipments by dollar value during 2017. Also shown is each import country’s percentage of total German exports.

1. United States: US$125.9 billion (8.7% of total German exports)
2. France: $118.6 billion (8.2%)
3. China: $97.6 billion (6.8%)
4. United Kingdom: $94.7 billion (6.6%)
5. Netherlands: $91.4 billion (6.3%)
6. Italy: $73.9 billion (5.1%)
7. Austria: $70.3 billion (4.9%)
8. Poland: $67.3 billion (4.7%)
9. Switzerland: $61.4 billion (4.3%)
10. Belgium: $49.8 billion (3.4%)
11. Spain: $48.6 billion (3.4%)
12. Czech Republic: $46.7 billion (3.2%)
13. Sweden: $30.1 billion (2.1%)
14. Russia: $29.2 billion (2%)
15. Hungary: $28.1 billion (1.9%)

Over seven-tenths (71.5%) of German exports in 2017 were delivered to the above 15 trade partners.

Via its 24% gain from 2016 to 2017, Russia posted the fastest growth among the top importers from Germany.

Second place for Poland was shared with another trade partner China (both up 14.3%). Other increases were 11% for Switzerland trailed by 10.7% for Hungary.

The United Kingdom posted the smallest growth among Germany’s top importers via a 0.7% gain year over year.

As defined by Investopedia, a country whose total value of all imported goods is higher than its value of all exports is said to have a negative trade balance or deficit.

It would be unrealistic for any exporting nation to expect across-the-board positive trade balances with all its importing partners. Similarly, that export country doesn’t necessarily post a negative trade balance with each individual partner with which it exchanges exports and imports.

Germany incurred the highest trade deficits with the following countries:

1. China: -US$16 billion (country-specific trade deficit in 2017)
2. Vietnam: -$6.9 billion
3. Czech Republic: -$5.5 billion
4. Ireland: -$5.4 billion
5. Bangladesh: -$5.2 billion
6. Malaysia: -$4.3 billion
7. Netherlands: -$4 billion
8. Japan: -$3.8 billion
9. Libya: -$2.5 billion
10. Kazakhstan: -$2.5 billion

Among Germany’s trading partners that cause the greatest negative trade balances, German deficits with Libya (up 803.7%), Malaysia (up 39.6%), Czech Republic (up 31.1%) and Kazakhstan (up 27%) grew at the fastest pace from 2016 to 2017.

These cashflow deficiencies clearly indicate Germany’s competitive disadvantages with the above countries, but also represent key opportunities for Germany to develop country-specific strategies to strengthen its overall position in international trade.

Overall, Germany posted a trade surplus equal to $276.6 billion in 2017. That dollar amount in black ink represents a 4.9% uptick from the $263.6-billion surplus during 2010 but a -1.2% dip from Germany’s $280.1-billion trade surplus during 2016.

Based on Investopedia’s definition of net importer, a country whose total value of all imported goods is lower than its value of all exports is said to have a positive trade balance or surplus.

Germany incurred the highest trade surpluses with the following countries:

1. United States: US$57 billion (country-specific trade surplus in 2017)
2. United Kingdom: $53.3 billion
3. France: $46.2 billion
4. Austria: $24.2 billion
5. Spain: $12.8 billion
6. Sweden: $12.4 billion
7. United Arab Emirates: $11.4 billion
8. Italy: $10.9 billion
9. Poland: $9.6 billion
10. Switzerland: $9.4 billion

Among Germany’s trading partners that generate the greatest positive trade balances, German surpluses with Switzerland (up 64.8%), Poland (up 30.3%) and France (up 22.4%) grew at the fastest pace from 2016 to 2017.

These positive cashflow streams clearly indicate Germany’s competitive advantages with the above countries, but also represent key opportunities for Germany to develop country-specific strategies to optimize its overall position in international trade.

German Companies Servicing Trading Partners

Fifty-two German corporations rank among Forbes Global 2000. Below is a sample of major German export companies:

• Adidas (apparel/accessories)
• Allianz (diversified insurance)
• BASF (diversified chemicals)
• Bayer (diversified chemicals)
• BMW Group (cars, trucks)
• Continental (automotive parts)
• Daimler (cars, trucks)
• Fresenius (medical equipment, supplies)
• Heidelberg Cement (construction materials)
• Henkel (household/personal care items)
• Linde (diversified chemicals)
• Merck (pharmaceuticals)
• Siemens (conglomerate, engineering)
• Volkswagen Group (cars, trucks)

According to IMPORTERS.com listings for German suppliers, the following are also examples of companies that ship products from Germany to its trading partners around the globe. Shown within parenthesis are products that the German business provides.

• 7Trade (mobile phones)
• Euro Car Export Ltd (vehicles)
• Flaskamp GmbH (liquid soap, washing powder)
• IMarketing Skirde Ltd (sports bags, garments)
• Kareva Marketing GmbH (calcium chloride, other drilling chemicals)
• Kgz Ersatzteile (diesel fuel lift pumps)
• Merbstrade (crude oil)
• Origiparts GmbH & Co. KG (engines, electrical parts)
• Tieig Industrial Group (industrial adhesives)
• Weser Apotheke (pharmaceuticals)