US trade in goods with Germany in 2017

June 19, 2018 - PRLog -- In 2017, US trade with Germany totaled $173.3 billion, up 4.65% ($7.7 billion) from 2016.

US exports to Germany in 2017 totaled $53.1 billion, up 7.99% ($3.9 billion) from 2016.

US imports from Germany in 2017 totaled $120.2 billion, up 3.24% ($3.8 billion) from 2016.

US trade deficit with Germany in 2017 was $67.1 billion, a 0.24% decrease ($0.2 billion) over 2016.

Germany was the US 5th largest trading partner in 2017 (just as in 2016), accounting for 4.3813% of US total trade (down from 4.4712% in 2016).

Germany was the US 6th largest export market in 2017 (just as in 2016), accounting for 3.4341% of US total exports (up from 3.3832% in 2016).

Germany was the US 5th largest supplier in 2017 (just as in 2016), accounting for 4.9893% of US total imports (down from 5.1739% in 2016).

The major share of US exports to Germany in 2017 (and in 2016) was accounted for the following product types:
• Machinery, equipment and vehicles (HS codes 84-90) - 61.56% of US total exports to Germany (62.41% in 2016);
• Chemical products (HS codes 28-40) - 17.73% of US total exports to Germany (17.46% in 2016);
• Food products and agricultural raw materials (HS codes 01-24) - 3.33% of US total exports to Germany (3.86% in 2016).

The major share of US imports from Germany in 2017 (and in 2016) was accounted for the following product types:
• Machinery, equipment and vehicles (HS codes 84-90) - 61.52% of US total imports from Germany (62.28% in 2016);
• Chemical products (HS codes 28-40) - 20.06% of US total imports from Germany (20.87% in 2016);
• Metals and products from them (HS codes 72-83) - 4.99% of US total imports from Germany (4.66% in 2016).

The full report is available here: http://us-export-import.com/germany/us-trade-export-impor...

For more information on US international trade, please go to: http://us-export-import.com/