France Remains No 1 Trading Partner

December 4, 2009 · Filed Under Countries

As reported by the Federal Statistical Office (Destatis), France again was Germany’s number one trading partner for exports in the previous year, accounting for Euro 93.7 billion of exports. Imports from France amounted to Euro 63.4 billion in 2008, so that France was the second most important supplier country for German imports after the Netherlands (Euro 68.0 billion).
On the whole, 7.9% of all commodities imported into Germany in 2008 came from France, while as much as 9.5% of all German exports went to France. From the French perspective, Germany was their most important trading partner for both exports and imports.

According to Destatis, this intense trading relationship continued in 2009: from January through August 2009, German companies exported goods in the amount of Euro 53.3 billion to France, corresponding to a 10.2 percent share of all exports during this period. While total exports decreased, France’s share in this volume of exports increased during the first eight months. During said period, imports from France had a value of Euro 36.7 billion, corresponding to a 8.3 percent share in total imports.