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German Trade Surplus Smallest in 4 Months
Germany’s trade surplus narrowed to €14.3 billion in March 2026 from a downwardly revised €19.6 billion in February, falling short of market expectations of €18.4 billion. It was the smallest trade surplus since last November, as exports rose less than imports. Exports unexpectedly increased by 0.5% month-on-month to a near 3½-year high of €135.8 billion, slowing sharply from a 3.6% rise in February but easily beating expectations of a 1.7% decline. Shipments to EU member states grew 3.4%, while those to third countries fell 3.3%. Meanwhile, imports surged 5.1% month-on-month to €121.5 billion, the highest level since November 2022, accelerating from an upwardly revised 4.9% increase in February and far exceeding expectations of a 0.8% rise. The increase was driven by purchases from both EU partners (3.0%) and non-EU countries (7.4%). For the first quarter, the country posted a trade surplus of €54 billion, with exports and imports rising by 1.7% and 1.9%, respectively.
Published on 2026-05-08

German Trade Surplus Smallest in 4 Months
Germany’s trade surplus narrowed to €14.3 billion in March 2026 from a downwardly revised €19.6 billion in February, falling short of market expectations of €18.4 billion. It was the smallest trade surplus since last November, as exports rose less than imports. Exports unexpectedly increased by 0.5% mom to a near 3½-year high of €135.8 billion, slowing sharply from a 3.6% rise in February and beating expectations of a 1.7% decline. Shipments to EU member states grew 3.4%, with exports to the Eurozone rising 4.1% and those to non-Eurozone countries climbing 1.7%. By contrast, exports to third countries fell 3.3%. Meanwhile, imports surged 5.1% mom to €121.5 billion, the highest level since November 2022, accelerating from an upwardly revised 4.9% increase in February and far exceeding expectations of a 0.8% rise. The increase was driven by purchases from both EU partners (3.0%) and non-EU countries (7.4%), particularly imports from China and the UK.
Published on 2026-05-08

German Trade Surplus Smallest in 4 Months
Germany’s trade surplus narrowed to €14.4 billion in March 2026 from a downwardly revised €19.6 billion in February, falling short of market expectations of €18.4 billion. It was the smallest trade surplus since last November, as exports rose less than imports. Exports unexpectedly increased by 0.5% mom to a near 3½-year high of €135.8 billion, slowing sharply from a 3.6% rise in February and beating expectations of a 1.7% decline. Shipments to EU member states grew 3.4%, with exports to the Eurozone rising 4.1% and those to non-Eurozone countries climbing 1.7%. By contrast, exports to third countries fell 3.3%. Meanwhile, imports surged 5.1% mom to €121.5 billion, the highest level since November 2022, accelerating from an upwardly revised 4.9% increase in February and far exceeding expectations of a 0.8% rise. The increase was driven by purchases from both EU partners (3.0%) and non-EU countries (7.4%), particularly imports from China and the UK.
Published on 2026-05-08

German Trade Surplus Smallest in 4 Months
Germany’s trade surplus narrowed to €14.4 billion in March 2026 from a downwardly revised €19.6 billion in February, falling short of market expectations of €18.4 billion. It was the smallest trade surplus since last November, as exports rose less than imports. Exports unexpectedly increased by 0.5% mom to a near 3½-year high of €135.8 billion, slowing sharply from a 3.6% rise in February and beating expectations of a 1.7% decline. Shipments to EU member states grew 3.4%, with exports to the Eurozone rising 4.1% and those to non-Eurozone countries climbing 1.7%. By contrast, exports to third countries fell 3.3%. Meanwhile, imports surged 5.1% mom to €121.5 billion, the highest level since November 2022, accelerating from an upwardly revised 4.9% increase in February and far exceeding expectations of a 0.8% rise. The increase was driven by purchases from both EU partners (3.0%) and non-EU countries (7.4%), particularly imports from China and the UK.
Published on 2026-05-08

German Trade Surplus Narrows in February
Germany’s trade surplus narrowed to €19.8 billion in February 2026, down from a downwardly revised €20.3 billion in January, though it remained above expectations of €18.5 billion. Exports rose 3.6% mom to a three-year high of €135.2 billion in February, following a downwardly revised 1.5% drop in January and exceeding expectations of a 1% rise. Shipments to EU member states increased 5.8%, while those to third countries rose 0.8%, supported by an 11.7% surge in shipments to the UK and a 26.9% jump in exports to Russia. By contrast, exports to the US, Germany’s largest export market, fell 7.5%, while those to China dropped 2.5%. Meanwhile, imports surged 4.7% mom to €115.4 billion, reversing a downwardly revised 5.1% decline in January and surpassing estimates of 4%. Purchases from EU partners jumped 5.1%, supported by increases from both euro area members (4.5%) and non-euro area countries (6.3%). For the first two months of the year, the country posted a €40.1 billion trade surplus.
Published on 2026-04-09

German Trade Surplus Narrows in February
Germany’s trade surplus narrowed to €19.8 billion in February 2026, down from a downwardly revised €20.3 billion in January, though it remained above expectations of €18.5 billion. Exports rose 3.6% mom to a three-year high of €135.2 billion in February, following a downwardly revised 1.5% drop in January and exceeding expectations of a 1% rise. Shipments to EU member states increased 5.8%, while those to third countries rose 0.8%, supported by an 11.7% surge in shipments to the UK and a 26.9% jump in exports to Russia. By contrast, exports to the US, Germany’s largest export market, fell 7.5%, while those to China dropped 2.5%. Meanwhile, imports surged 4.7% mom to €115.4 billion, reversing a downwardly revised 5.1% decline in January and surpassing estimates of 4%. Purchases from EU partners jumped 5.1%, supported by increases from both euro area members (4.5%) and non-euro area countries (6.3%). For the first two months of the year, the country posted a €40.1 billion trade surplus.
Published on 2026-04-09

German Trade Surplus Narrows in February
Germany’s trade surplus narrowed to €19.8 billion in February 2026, down from a downwardly revised €20.3 billion in January, though it remained above expectations of €18.5 billion. Exports rose 3.6% mom to a three-year high of €135.2 billion in February, following a downwardly revised 1.5% drop in January and exceeding expectations of a 1% rise. Shipments to EU member states increased 5.8%, while those to third countries also rose 0.8%, supported by an 11.7% surge in shipments to the UK and a 26.9% jump in exports to Russia. By contrast, exports to the US, Germany’s largest export market, fell 7.5%, while those to China declined 2.5%. Meanwhile, imports surged 4.7% mom to €115.4 billion in February, reversing a downwardly revised 5.1% decline in the previous month and surpassing market estimates of 4%. Purchases from EU partners jumped 5.1%, supported by increases from both euro area members (4.5%) and non-euro area countries (6.3%).
Published on 2026-04-09

German Trade Surplus Narrows in February
Germany’s trade surplus narrowed to €19.8 billion in February 2026, down from a downwardly revised €20.3 billion in January, though it remained above expectations of €18.5 billion. Exports rose 3.6% mom to a three-year high of €135.2 billion in February, following a downwardly revised 1.5% drop in January and exceeding expectations of a 1% rise. Shipments to EU member states increased 5.8%, while those to third countries rose 0.8%, supported by a 4.1% rise in shipments to the UK and a 26.9% jump in exports to Russia. By contrast, exports to the US, Germany’s largest export market, fell 7.5%, while those to China dropped 2.5%. Meanwhile, imports surged 4.7% mom to €115.4 billion, reversing a downwardly revised 5.1% decline in January and surpassing estimates of 4%. Purchases from EU partners jumped 5.1%, supported by increases from both euro area members (4.5%) and non-euro area countries (6.3%). For the first two months of the year, the country posted a €40.1 billion trade surplus.
Published on 2026-04-09

German Trade Surplus Exceeds Expectations
Germany's trade surplus widened to €21.2 billion in January 2026 from €15.9 billion in the same month a year earlier, easily surpassing market expectations of €15.2 billion and marking the largest surplus since August 2024. Exports fell 2.3% month-on-month to €130.5 billion, mainly due to lower shipments to EU member states (-4.8%), particularly within the Eurozone (-5.7%) and outside the Eurozone (-2.7%). In contrast, shipments to third countries rose 1%, supported by an 11.7% surge in exports to the United States, Germany’s largest export market. Meanwhile, imports dropped more sharply, falling 5.9% month-on-month to €109.2 billion. Arrivals declined from EU member states (-6.5%), including the Eurozone (-5.9%) and non-Eurozone countries (-7.8%). Arrivals from third countries also dropped 5.3%, with imports from China (-8.3%) and the United States (-8.2%) recording notable declines.
Published on 2026-03-10

German Trade Surplus Exceeds Expectations
Germany's trade surplus widened to €21.2 billion in January 2026 from €15.9 billion in the same month a year earlier, easily surpassing market expectations of €15.2 billion and marking the largest surplus since August 2024. Exports fell 2.3% month-on-month to €130.5 billion, mainly due to lower shipments to EU member states (-4.8%), particularly within the Eurozone (-5.7%) and outside the Eurozone (-2.7%). In contrast, shipments to third countries rose 1%, supported by an 11.7% surge in exports to the United States, Germany’s largest export market. Meanwhile, imports dropped more sharply, falling 5.9% month-on-month to a seventeen-month low of €109.2 billion. Arrivals declined from EU member states (-6.5%), including the Eurozone (-5.9%) and non-Eurozone countries (-7.8%). Arrivals from third countries also dropped 5.3%, with imports from China (-8.3%) and the United States (-8.2%) recording notable declines.
Published on 2026-03-10

German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €128.1 billion, well above forecasts of a 1.0% increase. Export growth was supported by stronger shipments to the US and other non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%) and China (4.1%)
Published on 2026-02-06

German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase, rebounding from a 2.5% fall in the previous month. Export growth was supported by stronger shipments to the EU and non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%), China (4.1%), and Russia (6%). For the full year of 2025, Germany registered a trade surplus of €202.7 billion, with exports up just 1.0% while imports increased 4.4%.
Published on 2026-02-06

German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase. Export growth was supported by stronger shipments to the US and other non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%) and China (4.1%). For the full year of 2025, Germany registered a trade surplus of €202.7 billion, with exports up just 1.0% while imports increased 4.4%.
Published on 2026-02-06

German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase. Export growth was supported by stronger shipments to the US and other non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%) and China (4.1%)
Published on 2026-02-06

German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase. Export growth was supported by stronger shipments to the US and other non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%) and China (4.1%)
Published on 2026-02-06

German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase. Export growth was supported by stronger shipments to the EU and non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%), China (4.1%), and Russia (6%). For the full year of 2025, Germany registered a trade surplus of €202.7 billion, with exports up just 1.0% while imports increased 4.4%.
Published on 2026-02-06

German Trade Surplus Smallest in Nearly 3 Years
Germany’s trade surplus narrowed to €13.1 billion in November 2025, down from an upwardly revised €17.2 billion in October and below market expectations of €16.5 billion. This was the smallest surplus since December 2022, as exports fell 2.5% to a 13-month low of €128.1 billion, missing forecasts for flat growth. Weak demand from the EU (-4.2%) and other trading partners (-0.2%) weighed on shipments, with exports to the US, Germany’s largest market, declining 4.2% amid the ongoing impact of tariffs. Exports to the UK also fell sharply, down by 8.1%. Imports rose 0.8% to €115.1 billion, above the expected 0.2%, supported by higher purchases from China (8.0%), the US (7.9%), and the UK (10.9%). For the first eleven months of 2025, Germany recorded a trade surplus of €182.3 billion, with exports up just 0.9% while imports rose 4.6%.
Published on 2026-01-09

German Trade Surplus Smallest in Nearly 3 Years
Germany’s trade surplus narrowed to €13.1 billion in November 2025, down from an upwardly revised €17.2 billion in October and well below expectations of €16.5 billion. It marked the smallest trade surplus since December 2022, as exports fell while imports rose. Exports unexpectedly dropped 2.5% to a 13-month low of €128.1 billion, missing expectations of being flat, weighed by lower demand from EU trading partners, which fell 4.2%, and from third countries (-0.2%). Shipments to the US, Germany’s largest export destination, fell 4.2% amid the lingering impact of US tariffs, following a 7.8% drop in October. Imports rose 0.8% to €115.1 billion, surpassing market forecasts of 0.2% growth, boosted by higher purchases from third countries, including China, the US, the UK, and Russia. For the first eleven months of 2025, Germany recorded a trade surplus of €182.3 billion, as exports rose just 0.9% while imports grew 4.6%.
Published on 2026-01-09

German Trade Surplus Smallest in Nearly 3 Years
Germany’s trade surplus narrowed to €13.1 billion in November 2025, down from an upwardly revised €17.2 billion in October and below market expectations of €16.5 billion. This was the smallest surplus since December 2022, as exports fell 2.5% to a 13-month low of €128.1 billion, missing forecasts for flat growth. Weak demand from the EU (-4.2%) and other trading partners (-0.2%) weighed on shipments, with exports to the US, Germany’s largest market, declining 4.2% amid the ongoing impact of tariffs. Exports to the UK and Russia also fell sharply, by 8.1% and 5.5% respectively. Imports rose 0.8% to €115.1 billion, above the expected 0.2%, supported by higher purchases from China, the US, and the UK. For the first eleven months of 2025, Germany recorded a trade surplus of €182.3 billion, with exports up just 0.9% while imports rose 4.6%.
Published on 2026-01-09

German Trade Surplus Smallest in Nearly 3 Years
Germany’s trade surplus narrowed to €13.1 billion in November 2025, down from an upwardly revised €17.2 billion in October and well below expectations of €16.5 billion. It marked the smallest trade surplus since December 2022, as exports fell while imports rose. Exports unexpectedly dropped 2.5% to a 13-month low of €128.1 billion, missing expectations of being flat, weighed by lower demand from EU trading partners, which fell 4.2%, and from third countries (-0.2%). Imports rose 0.8% to €115.1 billion, surpassing market forecasts of 0.2% growth, boosted by higher purchases from third countries, including China, the US, the UK, and Russia. For the first eleven months of 2025, Germany recorded a trade surplus of €182.3 billion, as exports rose just 0.9%, while imports grew 4.6%.
Published on 2026-01-09