What is the value of US trade with Germany?
Updates published annually
$208.7 billion in imports and $120.9 billion in exports in 2024. That means that the US imported $87.7 billion more from Germany than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$209B
Value of imports from Germany to the US (2024)
$121B
Value of exports from the US to Germany (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
BEA data ranks Germany as the US’ 5th top trading partner: In 2024, the US traded $329.6 billion in goods and services with Germany. Countries with similar trade values include United Kingdom ($341.7B) and Japan ($321.6B).
In 2024, the US traded $329.6 billion in goods and services with Germany.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
The US has had a trade deficit with Germany every year from 1999 through 2024. The 2024 deficit was $87.73 billion, a decrease from 2023's deficit of $86.26 billion.
Our government is complex. Our data doesn’t have to be.
Subscribe to our weekly newsletter to get data-backed answers to today’s most debated issues
The trade deficit with Germany increased to $87.7B in 2024.
Annual trade balance with Germany, not adjusted for inflation
In 2024, 77.2% of imports from Germany to the US were goods. The largest category was capital goods (tools used for the production process, like machinery and equipment), accounting for $62.3 billion. The top three imports were capital goods, automotive vehicles and parts, and consumer goods (goods and services purchased by individuals for personal use, like clothing and cellphones). These categories accounted for $123.1 billion of total imports.
The other 22.8% were services, with transport being the largest service category. Transport (transactions associated with moving people and property from one location to another, like passenger flights and ocean cargo shipping) accounted for $11.9 billion.
Capital goods made up 29.9% of US imports from Germany in 2024.
US imports from Germany by category (2024)
In 2024, more US exports to Germany were goods — 62.8%. The largest export was capital goods, which accounted for a value of $28.4 billion. The top three exports were capital goods, industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic), and consumer goods. These categories accounted for $59.7 billion of exports to Germany.
The other 37.2% were services, with business services being the largest service category. Business services (like R&D, consulting, and tech services) accounted for $11.6 billion.
Capital goods made up 23.5% of US exports to Germany in 2024.
US exports to Germany by category (2024)
Keep exploring
Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
