External positions of enterprises from financial operations and trade credits

External claims an liabilities of enterprises in Germany
German enterprises constitute net debtors vis-à-vis non-residents: Standing at 1,642 billion at the end of June 2022, their liabilities arising from financial operations and trade credits, exceeded their corresponding assets of 1,272 billion by 369 billion. Compared with the previous month, this is a change of -8 billion.

Financial operations with foreign non-banks are of particular importance here, while those with foreign banks play a secondary role. The first group accounts for 80% of claims and 88% of liabilities. At 27% and 19% respectively, the share of trade credits in these total figures remains comparatively small.