Germany nominal imports from OPEC, unadjusted
Germany nominal imports from OPEC, unadjusted stood at 985,293 EUR thousand 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 | |||||||||||
| Imports, At current prices, flows, Aggregate, all goods, OPEC (Organization of Petroleum Exporting Countries), unadjusted | 985,293 | 826,748 | 978,610 | 799,400 | 899,118 | 893,957 | 675,924 | 666,662 | 636,835 | 896,870 | |
| German foreign trade: imports, At current prices, flows, Aggregate, all goods, Asia, unadjusted | 29,432,899 | 29,794,570 | 30,346,961 | 27,072,440 | 28,934,957 | 30,518,087 | 25,901,671 | 26,546,013 | 26,082,244 | 28,276,720 |
Understanding germany nominal imports from OPEC, unadjusted
Tracking the total monetary value of merchandise arriving from nations belonging to the Organization of Petroleum Exporting Countries. This specialized aggregate isolates trade flows from a specific geopolitical bloc whose exports are heavily concentrated in energy resources. It differs completely from geographical regional rows by strictly grouping countries based on their membership in the cartel, capturing the nominal import cost before any seasonal smoothing is applied.
Because the underlying goods are overwhelmingly priced in dollars and subject to highly volatile global commodity markets, this current-price series behaves largely as a direct function of energy spot prices and exchange rates. A year-on-year comparison is necessary to bypass seasonal winter energy demand, but analysts must be incredibly careful not to mistake a massive spike in this nominal valuation for an actual increase in the physical volume of imported fuel.
Frequently asked questions
- Is this aggregate determined by standard geographical boundaries?
- No, it is determined purely by official membership in the exporting cartel, spanning multiple disparate continents.
- How do crude oil prices impact this specific data series?
- Because exports are dominated by energy, extreme fluctuations in global oil prices dominate the movements in this nominal valuation.
- Does this row accurately capture the physical volume of imported oil?
- No, it measures the total financial value, fluctuating heavily with market prices and complex currency exchange rates.