Economy of Germany

What products does China import?

Statistics and facts on imports to China Among the country’s major import products are machines and electronics such as integrated circuits, mineral products (crude oil, iron ore, etc.), vehicles, metallurgical products, chemicals, rubber, plastic in primary forms, and textile.

How much does Germany import from China?

Germany imports from China was US$133.55 Billion during 2020, according to the United Nations COMTRADE database on international trade.

When did China start importing goods from Germany?

Imports from Germany in China averaged 8537456.21 USD THO from 2014 until 2021, reaching an all time high of 18167400 USD THO in February of 2021 and a record low of 4938736 USD THO in February of 2016. This page includes a chart with historical data for China Imports From Germany.

How much money does Germany sell to China?

He was right, and then some. Last year alone, Germany exported nearly €100 billion worth of goods to China, accounting for more than half of the value of all EU exports to the country. Germany bought even more from China than it exported there, making the country its biggest overall trading partner.

Who are the top importers of Germany?

The top import origins of Germany are China ($109B), the Netherlands ($89.9B), France ($69.1B), the United States ($61.6B) and Italy ($58.5B).

What do you need to know about importing goods from Germany?

If import from Germany is of a size that will need a lifter to handle it, then it will also be necessary to order a truck with a lift so that the goods can be ‘lifted’ down from the bed of the truck. 2. VAT and customs rules The movement of goods from Germany – and thus within the European Union – are free between EU member states.