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Germany

Germany ranked No. 5 in total trade value through March with a total of $46.71 billion. Exports totaled $15.67 billion and Imports totaled $31.04 billion, a deficit of $15.36 billion.

January – March 2019

Top Trading Ports

Total Trade: $46.71 billion

RankPortTotal YTD
1Port of Charleston $3,710,191,995
2John F. Kennedy International Airport $3,514,651,238
3Port of Newark $3,292,956,814
4Hartsfield-Jackson Atlanta International Airport $3,084,856,797
5Chicago O’Hare International Airport $3,080,666,949
6Port of New Orleans $2,734,607,644
7Port of Houston $2,100,099,958
8Port of Virginia $1,998,387,065
9Cleveland’s Hopkins International Airport, Ohio $1,842,882,195
10Port of Baltimore, Md. $1,492,506,242

U.S. trade with Germany rose to $46.71 billion through March

Germany’s trade with the United States rose to $46.71 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.83 percent above its total trade during the same time period last year. Germany’s exports increased 6.19 percent while imports rose 1.21 percent. The U.S. deficit with Germany was $15.36 billion.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Charleston; No. 2 John F. Kennedy International Airport; No. 3 Port of Newark; No. 4 Hartsfield-Jackson Atlanta International Airport; and No. 5 Chicago O’Hare 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 John F. Kennedy International Airport No. 4 Chicago O’Hare International Airport and No. 5 Port of New Orleans. In the current time period, the top five accounted for 35.72 percent of Germany’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston fell 2.84 percent to $3.71 billion.
    Exports fell 0.28 percent to $1.07 billion. Imports fell 3.83 percent to $2.64 billion.
  • Trade with No. 2 John F. Kennedy International Airport rose 10.6 percent to $3.51 billion.
    Exports rose 27.73 percent to $1.89 billion. Imports fell 4.27 percent to $1.63 billion.
  • Trade with No. 3 Port of Newark fell 4.57 percent to $3.29 billion.
    Exports rose 23.72 percent to $331.4 million. Imports fell 6.95 percent to $2.96 billion.
  • Trade with No. 4 Hartsfield-Jackson Atlanta International Airport rose 20.66 percent to $3.08 billion.
    Exports rose 9.81 percent to $449.52 million. Imports rose 22.73 percent to $2.64 billion.
  • Trade with No. 5 Chicago O’Hare International Airport rose 9.89 percent to $3.08 billion.
    Exports rose 1 percent to $1.07 billion. Imports rose 15.32 percent to $2.01 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 $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Germany by value through March were the categories of Civilian aircraft, parts; Motor vehicles for transporting people; Plasma, vaccines, blood; Medical instruments for surgeons, dentists, vets; and Misc. medical chemical re-agents, respectively. They accounted for 37.9 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 34.28 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 59.8 percent compared to last year to $3.02 billion.
  • Motor vehicles for transporting people fell 17.23 percent compared to last year to $1.38 billion.
  • Plasma, vaccines, blood rose 37.15 percent compared to last year to $724.76 million.
  • Medical instruments for surgeons, dentists, vets rose 0.18 percent compared to last year to $445.5 million.
  • Misc. medical chemical re-agents rose 15.97 percent compared to last year to $363.88 million.

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

  • Motor vehicles for transporting people rose 7.52 percent compared to last year to $4.25 billion.
  • Plasma, vaccines, blood rose 39.33 percent compared to last year to $2.46 billion.
  • Medicines in individual dosages fell 31.93 percent compared to last year to $1.73 billion.
  • Value added to a returned import rose 13.92 percent compared to last year to $1.2 billion.
  • Motor vehicle parts fell 13.8 percent compared to last year to $990.62 million.

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.