Germany real goods imports from rest of world, adjusted
Germany real goods imports from rest of world, adjusted stood at 98.4 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 Jan 2008 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 constant prices, Aggregate, all goods, Rest of the World, calendar and seasonally adjusted | 98.4 | 98.64 | 104.76 | 99.87 | 103.17 | 103.55 | 102.69 | 98.84 | 104.15 | 102.58 | |
| German foreign trade: imports, At current prices, flows, Aggregate, all goods, Rest of the World, calendar and seasonally adjusted | 118.08 | 117.09 | 123.93 | 118.75 | 121.74 | 120.64 | 115.42 | 111.1 | 116.02 | 114.48 |
Understanding germany real goods imports from rest of world, adjusted
Stripping away the distortions of shifting price levels, this metric calculates the true physical volume equivalent of all merchandise received from global partners. It is anchored at constant prices and expressed in EUR billion, distinguishing it fundamentally from every nominal series in the release. By neutralizing inflation and deflation across all product categories, it isolates the actual underlying expansion or contraction of inbound cross-border supply chains. It encompasses the entirety of the Rest of the World aggregate, acting as the definitive measure of real external demand.
Analysts prioritize period-on-period comparisons here, as the applied seasonal and calendar adjustments provide a pristine view of month-to-month momentum. Because it uses constant prices, it is the safest tool for assessing long-term structural shifts in trade volume without the skew of commodity price shocks or currency depreciation. The rebasing process, where the base year used to anchor the constant prices is periodically updated, can occasionally trigger revisions across the historical timeline, altering past profiles. It also shields users from the frequent valuation swings typical of raw energy and agricultural imports.
Frequently asked questions
- How does this constant-price series differ from the current-price aggregate?
- It mathematically removes price changes and inflation, revealing shifts in the actual physical volume of traded goods rather than their monetary cost.
- Is it safe to compare the current month directly to the previous month?
- Yes, the removal of recurring calendar and seasonal effects makes sequential period-on-period analysis highly accurate.
- Will a sudden jump in global oil prices push this metric higher?
- No, price shocks are filtered out by the constant-price methodology, so only an increase in the physical amount of oil imported would move the aggregate.