Exports of Goods and Services in Germany
DEUEXPORTQDSNAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
406,687,700,000.00
Year-over-Year Change
4.98%
Date Range
1/1/1991 - 1/1/2024
Summary
The 'Exports of Goods and Services in Germany' metric measures the total value of all goods and services exported from Germany to other countries. This is a key indicator of Germany's trade balance and international economic competitiveness.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Exports of Goods and Services in Germany represents the total monetary value of all merchandise and services sold by German firms and individuals to foreign buyers. It is a crucial component in analyzing Germany's trade surplus and the strength of its export-oriented economy.
Methodology
The data is collected by the German Federal Statistical Office through surveys of exporting companies and analysis of customs records.
Historical Context
Policymakers and analysts use this metric to gauge Germany's global trade position and the effects of factors like exchange rates, tariffs, and economic growth on its export performance.
Key Facts
- Germany is the world's third-largest exporter after China and the United States.
- Exports account for over 47% of Germany's total economic output.
- The automotive industry is Germany's largest export sector.
FAQs
Q: What does this economic trend measure?
A: The 'Exports of Goods and Services in Germany' metric measures the total monetary value of all merchandise and services sold by German firms and individuals to foreign buyers.
Q: Why is this trend relevant for users or analysts?
A: This trend is a crucial indicator of Germany's trade balance and international economic competitiveness. It provides insights into the strength of the export-oriented German economy.
Q: How is this data collected or calculated?
A: The data is collected by the German Federal Statistical Office through surveys of exporting companies and analysis of customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge Germany's global trade position and the effects of factors like exchange rates, tariffs, and economic growth on its export performance.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 3 months.
Related Trends
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DEUCPHP0401IXOBM
Business Tendency Surveys: Finished Goods Stocks: Economic Activity: Manufacturing: Current for Germany
BSFGLV02DEM460S
Business Tendency Surveys: Demand Evolution: Economic Activity: Services: Tendency for Germany
BVDETE02DEM460S
Nominal Exports of Goods and Services for Germany
NXSAXDCDEQ
Real Gross Domestic Product for Germany
NGDPRXDCDEA
Nominal Final Consumption Expenditure for Germany
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Citation
U.S. Federal Reserve, Exports of Goods and Services in Germany (DEUEXPORTQDSNAQ), retrieved from FRED.