German import growth will probably post solid development thanks to a good
labour market, a regional real estate boom and high net migration – and
appears likely to expand faster than exports in 2016 and 2017 – but will fall
behind the long-term average since the early 1990s. The weaker development
of exports will put a damper on things, as the share of imports in German
exports account for nearly 40%.
At less than 3% on average in 2016 and 2017, total trade turnover (the average
growth of exports and imports) is likely to see relatively weak development
compared to long-term growth.