According to a respected economic think tank, Germany broke its own trade surplus record in 2016 - in stark contrast to the USA, which is running a huge deficit.
“Germany’s trade balance shows an estimated plus of $297 billion,” Christian Grimme of the Ifo Institute told Reuters on Monday.
That number shows that Germany made almost $300 billion more from selling goods and services to other countries than it spent on imports during 2016, giving it a higher trade surplus than China.
The Asian giant came second on the Munich-based think tank’s list, recording a balance of trade of $245 billion. Japan had the third highest trade surplus.
In 2015, China had the highest balance of trade, followed by Germany in second.
According to the Ifo Institute, exports of goods such as cars and chemicals had a particular impact on the German trade surplus.
“Goods exports alone contributed $255 billion to the German trade surplus up until November,” said Grimme.
The Ifo report also estimates that the USA had the largest trade deficit in the world in 2016, spending $478 billion more on imports than it earned from exports.
“That means that the USA is buying much more than it is producing and is going into debt abroad,” said Grimme.
>german middle class shrinking >german wages below anywhere else in the first world >cost of living going through the roof n...number one in e...exports amirite?
Carter Torres
So you are now the most degenerate and cucked country on earth full of shitskins and refugees BUT you are the richest exporter.
Jace Jackson
What you are saying is a global phenomenon... and much less pronounced in Germany due to our competitive economy.
The problem we have in Germany is that while we finally have a budget surplus, instead of putting 40 billion in 2015 and 2016 into subsidizing the building of middle class homes, we had to - for whatever reason - put that money into illegals' welfare.
Isaiah Brown
>ermany broke its own trade surplus record in 2016
this is not a good thing by your own rule Hans. go back to less than 6% you fucker.
Benjamin Nguyen
They actually do pretty good with handling shitskins/refugees. They let them work for 1 euro/hour and get away with slavery. Sneaky Germans are still sneaky. Don't underestimate them.
Mason White
Largely due vehicles. VW, BMW, Mercedes are great car brands and definitely destroy anything an American brand makes. Fuck chevy fuck gmc fuck chrysler and fuck ford.
Nolan Gutierrez
>and much less pronounced in Germany due to our competitive economy. Its most pronounced in germany. Jesus, get outside of this north korea tier run shithole. Germany wants to compete with CHINA and not the US or Japan. That should tell you everything.
Nolan Jones
Yep. True. And thats the mindset of too many Germans. Yeah Economy is number One.
At the cost of Slave Labour (over 1 Million sub-Contract workers)
Thats why Germany Really isnt worth living and staying. Its all about the Economy.
Luis Wilson
Doesn't Switzerland take more "refugees" per capita in the last months than Germany? 27,000 shitters applied for aslyum in Switzerland in 2016 alone!
Parker Green
wtf I love refugees now
Hudson Cooper
>110631828 >world's richest exporter wtf is that even supposed to mean, that's almost as bad as using "hardworking" when talking about gdp
Alexander Wood
this that money will only cover the traineeship's costs of our replacement and nothing else
Camden Reed
FUCK YEAH! Germany is the shit, I'm from Turkey, but I identify as German
Angel Ortiz
Number one in rapefugees and exports, you got it going ON.
Sebastian Garcia
The whole reason the EU exists is so Germany can force other countries to buy their garbage.
Eli Wright
Plus, Switzerland seems to be "Eritrea central". At least we only get sandpeople from Syria, but you get MORE black Eritreans last year than we got in the entire history of Germany.
Zachary Kelly
>we're being substituted by niggers outbreeding us 3:1 soon there won't be any german left >strong economy tho HAHAHAHAHAHAHA
Juan Miller
One euro jobs are for those who take social benefits and they are not even required to do it dumbass
Lucas Campbell
>Look chunks love Mercedes!!
Luke Gray
> German economic institute says Germany has best economics
woah
James White
>Make a surplus of your economy >Spend it on rapefugees
The eternal aryan everyone
Sebastian Hughes
Since no one is posting in my thread I'll just leave it here
>to buy their garbage. Butthurt much, Burger? Why is your economy so uncompetitive, so that your garbage isn't wanted by anyone in this world? Not even India wants to poo in American toilets.
Austin Young
When the only thing you import is refugees who are worth nothing I'm not to surprised desu
Ryder Reyes
We export plenty. The deficit comes from our imports. A lot of Americans buy all their shit from walmart because it's cheap. All that stuff is made by China.
Xavier Price
We all know you force us to buy your shit while cutting down our exports and end up destroying our domestic economy, Nice """achievement"""
Connor Lee
Everytime there is an Eritrean wedding or another party there is a stabbing and one or two of them dies. Natural regulation. Plus Eritreans are so ugly no Swiss girl would ever breed with them. In contrast to German girls who ride everything that isn't a Germancuck
Carter Peterson
Historic Materialism. As long as we write a black number at the end of the year, our politics are successfull
Alexander Rogers
Unfortunately, Germany is paying way too little to illegals to leave again.
Personally, I'd say pay 10,000 euros to each illegal who wants to leave voluntarily in the next 3 months. Yes, it would cost 5 billion or so, but you could get rid of half a million illegals within 3 months. We could just cut foreign aid by the same amount to make up for the money.
Eli Gutierrez
Europe Union was a fucking msitake user, at least for my country
we had around 35% GDP in industry (1970) now is 14%
Grayson Gray
The only thing you fucking russian rape babies export is muslim immigrants
Evan Reyes
You must take another million refugees then, they are good for your economy. Don't be shy to ask, we are full of niggers who want to live in Germany.
Alexander Robinson
You have it good trust me Look at us, most normal workers making arround 1000-1300 euros with one of the highest prices for food in the world just look at the pic, and you guys earn much more than we do on average
Austin Reed
>Photo DPA
Nice propaganda
Tyler Ramirez
>We export plenty. The deficit comes from our imports. What?
1.45 trillion in exports compared to 1.41 trillion in exports for Germany. You do understand Germany's population is 4 times smaller? And don't give me the "USA just produces for the internal market bs", Germany exports more than half of its shit to outside of Europe. So you still are at least at only half the export capacity of Germany.
Dylan Rodriguez
>We all know you force us to buy your shit while cutting down our exports and end up destroying our domestic economy, >Nice """achievement""" Our trade surplus with the Eurozone is 0, idiot. Pay denbts!
Leo Williams
You think this is about you?
Jaxson Nelson
>Plus Eritreans are so ugly no Swiss girl would ever breed with them. Dream on, Eritreans and Somalians fuck your girls every day. Your gov does the same as our gov... suppress the truth.
You are just as cucked as we, just that your got a shitton more blacks than we.
Dominic Thompson
>They think they can compete with Anglo Industry.
We must increase our BLOOD EXPORTS.
Camden Peterson
Not exactly. Normally, a massive German trade surplus would greatly strengthen German currency. This makes German exports more expensive, and works to lessen the surplus. It's a kind of check.
But Germany shares a currency with multiple failure nations, which keeps the currency artificially weak from a German perspective. The check isn't there. German exports continue to be cheap, and Germany experiences massive trade surpluses.
Nathan Green
Enjoy your EU break up. It's gonna be yuuuuuge!
Adam Johnson
Mr, Anglo, you should destroy this union with no survivors
Jose Adams
Mountain jews at it again. Jewing Austrians out of their shekels.
>blames Germany
William Watson
Congratulations Germany, your products are known around the world for having good quality. Nobody wants to buy american or chinese goods in the higher range prices since it will be trash tier.
Parker Hall
>Erdofags thinks Germans envy us because we built 3rd airport and 3rd brige in İstanbul.
Henry Jones
If you pay them enough they'll leave you alone, that's for sure. It's all your fault they are coming you untolerant scum. Or maybe you shouldn't be such a cuck.
Samuel Barnes
But no other country in EU wouldnt take credits with so low interest rates except Germany. Not even France can find those credits. Greece wouldnt even find money if it wasnt Germany.
Brandon Morgan
>12 Human and animal blood
kek.
Leo Clark
>Germany is the best nation in the world, the richest one, haha, the US can't even compete
I can't wait until WW3 starts and we nuke you, ending your menace once and for all, Kraut.
Brody Ross
This is nothing but Gercucks needing to work harder to support all their rapefugees.
The le master race meme is dead just like Germoney's future
Isaac Walker
Don't mind them. They have to calm themselves at least somehow to ease the cuck pain.
Christian Williams
...
Jeremiah Ward
What kind of warzone are you living in, middle class people are way better off than after the recession. And business is booming.
Justin Rogers
>the Volkswagen CEO gets another few billions while the government is taking away half of my money and blows it on illegal immigrants so they can ficki ficki our women >DEUTSCHLAND ÜBER ALLES!!44!4
Jason Brooks
>work as slaves so hard that your women can't even make children. >even get replaced by muslims >Destroying the entire europe's economy and flooding it with rapefugees so you can make your little business.
I-Its okay, w-we have stronk economy and t-this is the most important. L-look how happy and tolerant we are.
William Flores
Daily reminder that this surplus fucks up the economies of weaker eurozone countries and libruls who praise le germany as so le awesome and so le progressive are ignoring this nazi tier shit.
Andrew Flores
danke deutschland
Julian Barnes
It's definitely very good for all the shareholders and CEOs
Easton Carter
...
Matthew Anderson
we're all occupied and slaving for krauts
so of course
Josiah Gomez
This. They destroyed the whole fucking industry of europe with deals with China so they could sell their cars. I swear EU is the 4th reich.
Noah Perry
So germany is just a big lager?
Andrew Williams
Just zerg rush those cucks like last time.
Xavier Johnson
That is because Euro is undervalued like chinese Yuan. All the trade surplus since introduction of it in 2000 is pillaged money from the new EU member states.
Parker Davis
Not going to last, Kraut. Trump is going to call out Germany and the EU on currency manipulation.
Chase Thompson
>it's an issue when inflation isn't under control >it's an issue when debt isn't under control >it's fine when it's germany doing social dumping to fuck everybody else in the EU and not respecting other indicators
go fuck yourselves
Benjamin Myers
An "undervalued" currency doesn't mean shit if you don't produce what people want Pretty much every country manipulates their currency btw, some more successfully than others
Jonathan Cox
>Germany and the EU on currency manipulation. Germany wants a harder Euro, but we are being overruled by deadbeat nations such as Italy, Spain, Greece etc. who want QE and free money.
Can't do anything about the Euro exchange rate. If Trump wants to change it, he better pressure the socialist states in Europe.
Kevin Evans
Seems like socialist shitholes pay their unproductive workers too much. What a surprise!
Jaxson Rogers
Nigger don't talk to me about being poor and having low wages.
Owen Ortiz
Because with a harder currency 3rd world countries would sell better, right?
Robert Williams
If you're okay with the economy working only for shareholders
Dominic Young
If Germany still had its deutschemark it would be worth more than the Euro.
If Greece had its drachma it would be worth less.
The current euro helps german exports and hurts greek and spanish exports.
John James
Now you can give us back some of our territory right?
Isaac Wood
I could tell you the same thing...."nigger".
Liam Clark
That's because of the (((european union))). It forces Europe to buy german goods.
Chase Cooper
>Can't do anything about the Euro exchange rate. If Trump wants to change it, he better pressure the socialist states in Europe.
I hope you're ready for this wild ride.
Joseph Reed
Okay " "nigger" ".
Owen Gray
This, it's fucking retarded. Quality of live is getting worse every year here. Wages lower, everything more expensive, no pension, no housing... but people jerk off to "muh exports".
Christian Young
Europran quality will Triumph over the untermensch standards that are accepted around the world. >tfw UK+Scandinavia+NL+Germany really is the centre of greatness.
Ethan Watson
Germany is number one in importing rapes
Nathan Watson
I don't see what Germany could possibly have to export besides cars and illegal aliens.
Charles Torres
They won't be now that they have to pay for their own military now.
Jack Gutierrez
This. If our government knew how to spend money we would be the absolute best country to live in by miles
Gabriel Rivera
>Germany exporting more than it is importing since 1950 >Being so cucked, that you never ask for compensations of your work
Also: >have export surplus >gain insane amounts of money >invest money abroad >investments go to shit during financial crisis >you basically worked your ass off for free
Brayden Campbell
Nah it's not easy to get them to work for 1€ or at all. They all just receive welfare and maybe take some German lessons once in a while. I work in the welfare offices and refugees are a gigantic money sink with no upside.
Anthony Fisher
dem cars tho
Leo Evans
whats stopping them from coming right back under a different identitiy and collect that money again?
Jonathan Gomez
And we're number fugees importer :^) Don't forget about that. We're so tolerant
Mason Nelson
>>Destroying the entire europe's economy and flooding it with rapefugees so you can make your little business. >Destroying economy by actually working Being lazy and insulting hard working people who bail out your banks. Typical frog post.
Dominic Kelly
>tfw just staying unemployed but atleast don't pay taxes to rapefugees
Landon Wilson
calm down bro, anglos will crash this union
Lincoln Hill
That's old numbers. I think average Swedish salary is like 3.3k euro today, before taxes ofc.