GERMAN-US BILATERAL RELATIONS

In 2016, the U.S. trade deficit in goods with Germany was a little under $ 65 billion. The US deficit in trade in services was less than $ 2 billion

US. Imports from Germany

Specifically, the United States bought goods from Germany worth $ 114 billion

1. Passenger Cars, New and Used $ 21.9 billion,
2. Pharmaceutical Prepations $ 13.8 billion,
3. Parts and accessories of vehicles: $ 5.9 billion,
4. Industrial machines: $ 5.5 billion
5. Medicinal Equipment: $ 4.7 billion

US Exports to Germany

The United States sold $ 49 billion worth of goods to Germany

In dollar value, the U.S. trade deficit with Germany ranks third biggest of any country. Only China ($ 347 billion) and Japan ($ 69 billion) had bigger trade deficits in 2016. Mexico ($ 63 billion) was not far behind. The trade deficit with Germany  is equivalent to 13 percent of the total U.S. trade deficit with the rest of the world

German Investments in the USA

Germany ranked fifth among countries in foreign direct investment in the United States in 2014, the most recent year for which data is available. Specifically, German entities directly invested $19 billion in the United States that year, the fifth highest of any country, trailing the Netherlands, Japan, Switzerland and Canada.

The six biggest German companies with operations in the United States include : Daimler (which includes Mercedes-Benz), Volkswagen, T-Mobile, BMW, BASF, and Siemens. Alabama, South Carolina and Tennessee all have major German-owned automobile factories -- meaning that they employ a lot of workers in high-wage, blue-collar work. In the machinery and equipment industry, Germany is by far the top investor.

US Investments in Germany

The top 20 American companies in Germany employ more than 300,000 workers. There are over 2,200 companies with US capital investments totaling EUR 130 billion

.