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Germany

Germany ranked No. 5 in total trade value through February with a total of $29.48 billion. Exports totaled $9.87 billion and Imports totaled $19.61 billion, a deficit of $9.73 billion.

January – February 2019

Top Trading Ports

Total Trade: $29.48 billion

RankPortTotal YTD
1Port of Charleston $2,323,568,405
2John F. Kennedy International Airport $2,277,529,889
3Port of Newark $2,170,542,785
4Chicago O’Hare International Airport $1,901,711,595
5Port of New Orleans $1,785,128,643
6Hartsfield-Jackson Atlanta International Airport $1,571,779,114
7Port of Virginia $1,416,949,350
8Port of Houston $1,373,634,438
9Cleveland’s Hopkins International Airport, Ohio $1,124,517,715
10Port of Savannah, Ga. $956,443,122

U.S. trade with Germany rose to $29.48 billion through February

Germany’s trade with the United States rose to $29.48 billion through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.26 percent above its total trade during the same time period last year. Germany’s exports increased 9.14 percent while imports fell 0.89 percent. The U.S. deficit with Germany was $9.73 billion.

Through February, 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 Chicago O’Hare International Airport; and No. 5 Port of New Orleans. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Charleston No. 3 Hartsfield-Jackson Atlanta International Airport No. 4 John F. Kennedy International Airport and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 35.47 percent of Germany’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston rose 2.39 percent to $2.32 billion.
    Exports rose 16.25 percent to $687.62 million. Imports fell 2.5 percent to $1.64 billion.
  • Trade with No. 2 John F. Kennedy International Airport rose 12.26 percent to $2.28 billion.
    Exports rose 37.08 percent to $1.2 billion. Imports fell 6.72 percent to $1.07 billion.
  • Trade with No. 3 Port of Newark fell 5.29 percent to $2.17 billion.
    Exports rose 30 percent to $226.35 million. Imports fell 8.19 percent to $1.94 billion.
  • Trade with No. 4 Chicago O’Hare International Airport rose 9.18 percent to $1.9 billion.
    Exports fell 1.41 percent to $656.56 million. Imports rose 15.74 percent to $1.25 billion.
  • Trade with No. 5 Port of New Orleans rose 7.21 percent to $1.79 billion.
    Exports rose 4.07 percent to $765.36 million. Imports rose 9.69 percent to $1.02 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. 6.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 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 $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Germany by value through February 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 37.18 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 32.63 percent of all inbound shipments.

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

  • Civilian aircraft, parts rose 68.46 percent compared to last year to $1.87 billion.
  • Motor vehicles for transporting people fell 4.39 percent compared to last year to $845.27 million.
  • Plasma, vaccines, blood rose 30.35 percent compared to last year to $444.59 million.
  • Medical instruments for surgeons, dentists, vets fell 1.64 percent compared to last year to $279 million.
  • Misc. medical chemical re-agents rose 16.06 percent compared to last year to $234.25 million.

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

  • Motor vehicles for transporting people rose 8.81 percent compared to last year to $2.66 billion.
  • Plasma, vaccines, blood fell 21.53 percent compared to last year to $1.21 billion.
  • Medicines in individual dosages fell 22.91 percent compared to last year to $1.11 billion.
  • Value added to a returned import rose 16.38 percent compared to last year to $788.13 million.
  • Motor vehicle parts fell 10.68 percent compared to last year to $630.91 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.