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Pair · Q2 2026 · Aug 2025–Jul 2026

Goods, bank claims, portfolio holdings and direct investment between Germany and China, each channel at its own period. Left, Germany to China; right, China to Germany.

Finance to trade

positions ÷ goods, both directions
Finance to trade0.5×positions ÷ goods, both directions
Financial positions, both directions157USD bn
Goods, both directions303USD bn

Bank, and positions in both directions over goods trade in both directions; financial centres show very high ratios because they hold securities for others.

Positions at the periods above, goods in the 12-month window. Calculations: datasteg.

The pair through time

2006–Jul 2026

Each channel at its own period on one time axis: goods every month (12-month windows), bank claims every quarter, portfolio holdings every half year, direct investment every year, and below them the finance-to-trade ratio by quarter. Solid lines are reported flows, dashed stretches estimated; the band between a goods line and its other report is the mirror gap where both reports exist. A month with no goods line is one where the pair fell below trade-flow’s 1,500 largest flows.

SinceGermany → ChinaChina → Germanyother report (mirror gap)estimated
Goods · 12-month windows, monthly · USD bnJul 2026 · 86.2 / 2160125250Bank claims · quarterly · USD bnnot reported011Portfolio holdings · half-yearly · USD bnDec 2025 · 28.9 / 28.602550Direct investment · annual · USD bn2024 · 92.2 / 7.2050100Finance to trade · quarterly, positions both ways ÷ goods both waysnot reported0.0×1.0×2.0×20062008201020122014201620182020202220242026
Sources

The ratio starts in 2009, when the direct-investment survey begins: bank claims at the quarter, portfolio and direct investment at their latest period at or before it, goods in the 12 months to the quarter end. Calculations: datasteg global-network.

Goods Germany → China

Aug 2025–Jul 2026

exports of Germany to China, 12 months

Exports, 12 months86.2USD bnspliced
–importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Goods China → Germany

Aug 2025–Jul 2026

exports of China to Germany, 12 months

Exports, 12 months216USD bnreported
–importer’s report ÷ exporter’s
Sources

Window Aug 2025–Jul 2026. Importer-reported where filed, partner-reported or estimated otherwise (tagged). Mirror ratio: the importer’s report over the exporter’s.

Germany → China

Q2 2026

loans and deposits of banks in Germany on residents of China

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

China → Germany

Q2 2026

loans and deposits of banks in China on residents of Germany

Position–Not reported
Flow in the quarter–
Sources

Loans and deposits, all sectors and currencies, residence basis, Q2 2026. Flow as published by the BIS.

Germany → China

Q4 2025

securities issued in China held by investors in Germany

Total28.9USD bn
Equity18.8USD bn
Debt securities10.1USD bn
Sources

Holder to issuer, Q4 2025.

China → Germany

Q4 2025

securities issued in Germany held by investors in China

Total28.6USD bn
Equity4.2USD bn
Debt securities24.4USD bn
Sources

Holder to issuer, Q4 2025.

Germany → China

2024

position of investors in Germany in China

Position92.2USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.

China → Germany

2024

position of investors in China in Germany

Position7.2USD bn
Reportthe host’s
Sources

Investor to host, 2024; one report per pair, the host’s first.