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Germany

Germany ranked No. 5 in total trade value through August with a total of $125.53 billion. Exports totaled $39.76 billion and Imports totaled $85.77 billion, a deficit of $46.01 billion.

January – August 2019

Top Trading Ports

Total Trade: $125.53 billion

RankPortTotal YTD
1Port of Charleston $11,006,399,095
2Port of Newark $9,171,943,306
3Chicago O’Hare International Airport $8,774,045,840
4John F. Kennedy International Airport $8,742,426,149
5Hartsfield-Jackson Atlanta International Airport $7,746,526,635
6Port of New Orleans $6,606,526,216
7Port of Virginia $5,426,471,873
8Port of Houston $5,275,297,138
9Cleveland’s Hopkins International Airport, Ohio $4,938,945,230
10Port of Baltimore, Md. $4,467,182,315

U.S. trade with Germany rose to $125.53 billion through August

Germany’s trade with the United States rose to $125.53 billion through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.42 percent above its total trade during the same time period last year. U.S. exports to Germany increased 3.15 percent while U.S. imports from Germany rose 2.08 percent. The U.S. deficit with Germany was $46.01 billion.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Charleston; No. 2 Port of Newark; No. 3 Chicago O’Hare International Airport; No. 4 John F. Kennedy International Airport; and No. 5 Hartsfield-Jackson Atlanta International Airport. During the same period the previous year, the top five were No. 1 Port of Charleston No. 2 Port of Newark No. 3 Chicago O’Hare International Airport No. 4 John F. Kennedy International Airport and No. 5 Port of New Orleans. In the current time period, the top five accounted for 36.2 percent of Germany’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston rose 10.66 percent to $11.01 billion.
    Exports rose 23.12 percent to $3.16 billion. Imports rose 6.32 percent to $7.85 billion.
  • Trade with No. 2 Port of Newark fell 2.34 percent to $9.17 billion.
    Exports rose 36.52 percent to $877.84 million. Imports fell 5.2 percent to $8.29 billion.
  • Trade with No. 3 Chicago O’Hare International Airport rose 5.11 percent to $8.77 billion.
    Exports rose 4.18 percent to $2.92 billion. Imports rose 5.58 percent to $5.85 billion.
  • Trade with No. 4 John F. Kennedy International Airport rose 5.81 percent to $8.74 billion.
    Exports rose 11.33 percent to $4.47 billion. Imports rose 0.6 percent to $4.28 billion.
  • Trade with No. 5 Hartsfield-Jackson Atlanta International Airport rose 23.61 percent to $7.75 billion.
    Exports fell 4.57 percent to $1.11 billion. Imports rose 30.05 percent to $6.63 billion.

Germany ranked No. 5 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 5.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Germany by value through August were the categories of Civilian aircraft, parts; Motor vehicles for transporting people; Plasma, vaccines, blood; Medical instruments for surgeons, dentists, vets; and Medicines in individual dosages, respectively. They accounted for 37.29 percent of total exports to Germany.

The value of the top five categories of U.S. imports from Germany –– Motor vehicles for transporting people; Plasma, vaccines, blood; Medicines in individual dosages; Value added to a returned import; and Motor vehicle parts –– accounted for 35.1 percent of all inbound shipments.

Looking more closely at U.S. exports to Germany:

  • Civilian aircraft, parts rose 21.53 percent compared to last year to $6.45 billion.
  • Motor vehicles for transporting people rose 11.39 percent compared to last year to $4.43 billion.
  • Plasma, vaccines, blood rose 42.15 percent compared to last year to $1.87 billion.
  • Medical instruments for surgeons, dentists, vets fell 0.85 percent compared to last year to $1.16 billion.
  • Medicines in individual dosages rose 67.72 percent compared to last year to $913.93 million.

Looking more closely at U.S. imports from Germany:

  • Motor vehicles for transporting people rose 3.2 percent compared to last year to $12.31 billion.
  • Plasma, vaccines, blood rose 43.21 percent compared to last year to $6.32 billion.
  • Medicines in individual dosages fell 10.9 percent compared to last year to $5.14 billion.
  • Value added to a returned import rose 15.71 percent compared to last year to $3.5 billion.
  • Motor vehicle parts fell 7.33 percent compared to last year to $2.85 billion.

In the latest annual figures available, Germany recorded $171.24 billion in trade with the United States. At year’s end, its were New York City; Atlanta/Savannah; Charleston; Chicago; and Cleveland. Total U.S. exports to Germany were $ 53.49 billion and imports from Germany were $117.74 billion. The U.S. deficit with Germany was $64.25 billion.