German Exports Fall More than Expected

2026-03-10 07:33 By Czyrill Jean Coloma 1 min. read

Germany’s exports fell 2.3% month-on-month to €130.5 billion in January 2026, reversing a downwardly revised 3.9% increase in December and performing worse than market expectations of a 2% decline.

Shipments to EU member states dropped 4.8%, with exports to the Eurozone falling 5.7% and those to non-Eurozone declining 2.7%.

In contrast, exports to third countries rose 1%, supported by an 11.7% surge in shipments to the United States, Germany’s largest export market.

Exports to the United Kingdom fell 2.6%, while shipments to China plunged 13.2% and those to the Russian Federation declined 5.9%.



News Stream
German Exports Unexpectedly Rise in May
Germany's exports unexpectedly increased by 0.9% month-on-month to an over 3½-year high of €137.9 billion in May 2026, accelerating from a downwardly revised 0.8% increase in April and beating market expectations of a 0.3% decline. Exports to third countries rose 3.6%, supported by a 23.1% surge in shipments to the US, Germany's largest export market. Exports to China also grew, rising 7.1%, while those to the UK edged up 0.4%. By contrast, shipments to EU member states fell 1.1%, with exports to the Eurozone declining 0.5% and those to non-Eurozone countries falling 2.4%. For the first five months of 2026, outbound shipments increased 3.0% year-on-year to €676.2 billion.
2026-07-09
German Exports Hit Near 3-1/2-Year High
Germany’s exports unexpectedly grew by 0.9% month-on-month to a near 3½-year high of €136.6 billion in April 2026, accelerating from a downwardly revised 0.3% rise in March and beating market expectations of a 0.3% decline. Shipments to EU member states increased 1.0%, with exports to the Eurozone edging up 0.1% and those to non-Eurozone countries rising 3.0%. Exports to third countries also climbed 0.7%, supported by a 1.8% increase in shipments to the US, Germany’s largest export market. By contrast, exports to China declined 3.5%, while shipments to the UK fell 9.5%. For the first four months of 2026, outbound shipments grew 2.1% year-on-year to €537.6 billion.
2026-06-09
German Exports Unexpectedly Rise in March
Germany’s exports unexpectedly increased by 0.5% month-on-month to a near 3½-year high of €135.8 billion in March 2026, slowing sharply from a 3.6% rise in February but beating market 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%, weighed down by a 7.9% drop in shipments to the US, Germany’s largest export market, and a 1.8% decline in exports to China. Meanwhile, exports to the UK rose 3.2%. For the first quarter of 2026, outbound shipments rose 1.7% year-on-year to €401.4 billion.
2026-05-08