Germany | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Federal Republic of Germany
Records
63
Source
Germany | Exports of goods and services (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 32653136322.343
1971 36398285284.113
1972 43630361283.199
1973 61171397731.431
1974 81209935001.134
1975 83951059702.679
1976 93928512505.826
1977 107969326202.31
1978 130594790652.39
1979 157096457155.05
1980 176955788680.87
1981 161173729121.59
1982 162071569275.41
1983 156382687859.06
1984 157534514466.36
1985 168036205155.46
1986 222718701251.91
1987 268502189336.23
1988 295521329769.46
1989 311964421096.43
1990 404575941169.35
1991 442284030642.31
1992 473095804633.69
1993 420757127646.99
1994 465506809690.25
1995 568725262726.9
1996 570870808422.15
1997 560966614031.13
1998 591248193842.39
1999 591740399389.96
2000 600907866067.45
2001 619631436716.93
2002 677431710710.59
2003 820831063210.19
2004 1005100437665.6
2005 1083504344105.8
2006 1240792802202.4
2007 1484055036237.6
2008 1640395346026.6
2009 1300369599738.3
2010 1447084701783.3
2011 1689333965107
2012 1633318434049.2
2013 1695844705677.6
2014 1774175599429
2015 1575404010475.8
2016 1598674707103.9
2017 1740716687374.1
2018 1880263808511.4
2019 1832875313819.6
2020 1690266347671.6
2021 2022856127949.6
2022 2078953894568.1

Germany | Exports of goods and services (current US$)

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars. Limitations and exceptions: Because policymakers have tended to focus on fostering the growth of output, and because data on production are easier to collect than data on spending, many countries generate their primary estimate of GDP using the production approach. Moreover, many countries do not estimate all the components of national expenditures but instead derive some of the main aggregates indirectly using GDP (based on the production approach) as the control total. Data on exports and imports are compiled from customs reports and balance of payments data. Although the data from the payments side provide reasonably reliable records of cross-border transactions, they may not adhere strictly to the appropriate definitions of valuation and timing used in the balance of payments or corresponds to the change-of ownership criterion. This issue has assumed greater significance with the increasing globalization of international business. Neither customs nor balance of payments data usually capture the illegal transactions that occur in many countries. Goods carried by travelers across borders in legal but unreported shuttle trade may further distort trade statistics. Statistical concept and methodology: Gross domestic product (GDP) from the expenditure side is made up of household final consumption expenditure, general government final consumption expenditure, gross capital formation (private and public investment in fixed assets, changes in inventories, and net acquisitions of valuables), and net exports (exports minus imports) of goods and services. Such expenditures are recorded in purchaser prices and include net taxes on products.
Publisher
The World Bank
Origin
Federal Republic of Germany
Records
63
Source