International Merchandise Trade Statistics: Imports: Commodities for Germany
XTIMVA01DEM667S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,797,800,000.00
Year-over-Year Change
7.78%
Date Range
1/1/1957 - 4/1/2025
Summary
The International Merchandise Trade Statistics: Imports: Commodities for Germany tracks the value of imported goods and products to Germany. This metric is a key indicator of Germany's international trade and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic series measures the monetary value of all commodities imported into Germany, including raw materials, finished goods, and other products. It is used by economists and policymakers to analyze Germany's trade balance, consumer demand, and broader macroeconomic trends.
Methodology
The data is collected and reported by Germany's Federal Statistical Office through a system of international merchandise trade statistics.
Historical Context
This import data is closely watched by financial markets, as it provides insight into Germany's international competitiveness and the strength of domestic consumption.
Key Facts
- Germany is the largest economy in the Eurozone.
- Imports account for over 40% of Germany's GDP.
- China is Germany's largest import partner.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monetary value of all goods and commodities imported into Germany, providing insight into the country's international trade activity and consumer demand.
Q: Why is this trend relevant for users or analysts?
A: This import data is a crucial indicator of Germany's economic health and trade position, which is closely watched by economists, policymakers, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by Germany's Federal Statistical Office through their system of international merchandise trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this import data to assess Germany's trade balance, competitiveness, and the strength of domestic consumption, which informs economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a short lag time. There may be occasional revisions to historical data as reporting and collection methods are refined.
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Citation
U.S. Federal Reserve, International Merchandise Trade Statistics: Imports: Commodities for Germany (XTIMVA01DEM667S), retrieved from FRED.