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Trade with Germany: How the USA has overtaken China

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Published: August 9th, 2024,
Last updated: September 5th, 2024

The United States overtook China as Germany’s biggest trading partner in the first half of 2024. German goods trade with the USA totaled around 127 billion euros from January to June, while exports and imports with the People’s Republic came to just under 122 billion euros. This is according to calculations by the news agency Reuters based on preliminary data from the German Federal Statistical Office. In 2023, the People’s Republic was Germany’s leading foreign trade partner for the eighth consecutive year with a trade volume of around 253 billion euros – but only slightly ahead of the USA by a few hundred million euros.

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