German Imports Jump 5.1% MoM
2026-05-08 06:12
By
Farida Husna
1 min. read
Germany’s imports surged 5.1% month-on-month to €121.5 billion in March 2026, the highest amount since November 2022, accelerating from an upwardly revised 4.9% increase in the prior month and far exceeding market expectations of a 0.8% gain.
Purchases from EU partners grew 3.0%, supported by stronger purchases from both euro area countries (1.7%) and non-euro-area members (5.7%).
Meanwhile, imports from non-EU countries jumped 7.4%, driven by higher shipments from China (4.9%) and the United Kingdom (11.7%).
In contrast, imports from the United States declined 3.7%.
For the first quarter, Germany’s imports increased 1.9% year-on-year to €347.3 billion.
Compared with March last year, total imports surged 11.1%, picking up from a 0.7% rise in February.