Germany’s export surplus with US hits lowest level since 2021
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Insights
- Germany’s export surplus with the US fell to €34.6 billion (~$40.83 billion) in January–July 2025, the lowest since 2021 and down 15.1 per cent year-over-year, as per Destatis.
- The country’s overall export surplus declined 21.2 per cent to €121.3 billion (~$143.13 billion).
- At the same time, Germany’s import surplus with China rose to €47.7 billion (~$56.29 billion), the highest since 2022.
Germany’s export surplus in trade with the United States dropped to €34.6 billion (~$40.83 billion) in the first seven months of 2025, the lowest level for this period since 2021, according to the Federal Statistical Office (Destatis). The surplus was down €6.2 billion, or 15.1 per cent, compared with January–July 2024.
During the covid-19 crisis in 2021, Germany’s trade balance with the US stood at €28.4 billion. Overall, Germany’s international trade in goods also showed strain. The nation’s total export surplus fell by €32.7 billion, or 21.2 per cent year-over-year (YoY), to €121.3 billion (~$143.13 billion) in January–July 2025, Destatis said in a press release.
Germany’s export surplus with the US fell to €34.6 billion (~$40.83 billion) in January–July 2025, the lowest since 2021 and down 15.1 per cent year-over-year, as per Destatis.
The country’s overall export surplus declined 21.2 per cent to €121.3 billion (~$143.13 billion).
At the same time, Germany’s import surplus with China rose to €47.7 billion (~$56.29 billion), the highest since 2022.
Meanwhile, Germany’s import surplus in trade with China surged to €47.7 billion (~$56.29 billion) in the same period, the highest level recorded since 2022.
Fibre2Fashion News Desk (SG)
