Germany’s Economic Addictions

Germany exports each year 1.38 trillion dollars in goods, approximately 50% of which go to the 10 countries you can see at the following picture. The largest importer of German goods is France, followed by the United States, England, the Netherlands and China. Note that the table is given in euros.

Largest Exporters and Importers of German Goods

Map Germany's Exports and Imports by Country.JPG

http://openeuropeblog.blogspot.gr/2013/11/us-and-germany-trade-blows-over-macro.html

Germany imports 1.15 trillion of goods each year, approximately 50% of which come from the 10 countries you can see at the above table. Germany’s largest supplier is the Netherlands, followed by China, France, the United States and Italy.

Cars are the main good exported by Germany, and together with vehicle parts, they account for approximately 15% of German exports.

Image 2 German Exports

Germany's Exports.JPG

http://atlas.media.mit.edu/en/profile/country/deu/

Oil and natural gas are the most important goods imported by Germany (from Russia, UK and the Netherlands), and they account for approximately 15% of German imports.

Image 3 German Imports

Germany's Imorts.JPG

http://atlas.media.mit.edu/en/profile/country/deu/

To put it very simply Germany needs to sell cars and needs to buy oil and natural gas.

***Note that the first table refers to 2012 and the other two to 2013

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