Goods imports as a part of balance payment reached 1,131 USD bil in 2017 in Germany, according to the National Statistical Office. This is 10.6 % more than in the previous year.
Historically, goods imports as a part of balance payment in Germany reached an all time high of 1,206 USD bil in 2011 and an all time low of 33.9 USD bil in 1971. When compared to Germany's main peers, goods imports as a part of balance payment in Austria amounted to 156 USD bil, 304 USD bil in Belgium, 608 USD bil in France and 227 USD bil in Poland in 2017.
Germany has been ranked 5th within the group of 156 countries we follow in terms of goods imports as a part of balance payment, 1 places behind the position seen 10 years ago.
Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.