Germany nominal goods imports from OPEC, adjusted
Germany nominal goods imports from OPEC, adjusted stood at 0.97 EUR billion in Aug 2026, according to Deutsche Bundesbank. It is one of the indicators in the Imports by country table (Value · Monthly), with a complete series running from Jul 1990 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Imports by country table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Regions and country groups | |||||||||||
| German foreign trade: imports, At current prices, flows, Aggregate, all goods, OPEC (Organization of Petroleum Exporting Countries), calendar and seasonally adjusted | 0.97 | 0.76 | 0.82 | 0.79 | 0.9 | 0.88 | 0.91 | 0.77 | 0.7 | 0.87 | |
| German foreign trade: imports, At current prices, flows, Aggregate, all goods, Asia, calendar and seasonally adjusted | 30.98 | 29.34 | 30.31 | 28.44 | 28.96 | 29.08 | 27.94 | 25.84 | 28.66 | 27.98 |
Understanding germany nominal goods imports from OPEC, adjusted
Shipments dispatched from the Organization of Petroleum Exporting Countries are consolidated into this targeted geopolitical aggregate. Calculated in EUR billion at current prices, it groups a disparate set of nations spanning multiple continents under a single shared institutional umbrella. While other regional lines in the table divide trade strictly by geography, this isolated metric focuses on a bloc defined primarily by commodity production. It captures all physical goods imported from these nations, though fossil fuels inevitably dominate the underlying customs declarations.
Direct month-on-month assessments are entirely valid, as statistical models strip away working-day variances and regular seasonal shipment cycles. However, interpreting the underlying economic signal demands care, as this nominal series is acutely sensitive to global spot market pricing for crude oil; a surge in the aggregate often merely reflects tighter energy markets rather than an expansion in actual physical delivery volumes. Additionally, changes to the bloc official membership cause abrupt discontinuities in the data, meaning historical comparisons across entry or exit dates mix genuine trade dynamics with administrative realignments.
Frequently asked questions
- Does this metric exclusively track petroleum imports?
- No, it encompasses all goods sourced from member nations, although petroleum typically makes up the vast majority of the value.
- How do changes in OPEC membership impact the historical timeline?
- Membership changes create immediate structural breaks, altering the geographic scope of the series exactly when a nation joins or departs the organization.
- Are physical shipment volumes captured in this specific data series?
- The series only records monetary values at current prices, so it does not directly reflect the physical quantities of imported commodities.