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October 9, 2025Cryptopolitan logoCryptopolitan

Germany’s exports to U.S. fall 20% year-on-year as tariffs and strong euro hit trade

Germany recorded a 2.5% month-on-month drop in exports to the ￰0￱ August to 10.9 billion ￰1￱ released on Thursday by the Federal Statistical Office (Destatis) also revealed that Germany’s year-on-year exports to the ￰2￱ by 20%. The report showed that Germany imported more goods from the ￰3￱ August, with a 3.4% month-to-month surge in inbound shipments to around 8 billion ￰4￱ country also saw a 3.4% rise in imports from the ￰5￱ August ￰6￱ trades more with EU countries Good Morning from Germany, where the trade surplus widened slightly in Aug as imports fell 1.3% – a steeper drop than exports, which declined 0.5% ￰7￱ to the US – Germany’s largest trading partner – fell 2.5% to €10.9bn, marking the fifth straight monthly decline and… ￰8￱ — Holger Zschaepitz (@Schuldensuehner) October 9, 2025 According to the report, exports from Germany to the ￰9￱ dropped for the fifth consecutive month, reaching their lowest level in nearly four ￰10￱ drop in exports comes as the impact of tariffs imposed by ￰11￱ Donald Trump continues to reverberate across global ￰12￱ economist at Commerzbank, Ralph Solveen, argued that the flow of goods to the ￰13￱ particular is likely to remain weak in the coming months, especially as higher tariffs are compounded by an even stronger ￰14￱ August, the European Union agreed with the Trump administration on a unified 15% tariff on most EU exports to the ￰15￱ deal includes levies on automotives, pharmaceuticals, semiconductors, and ￰16￱ European goods, such as critical natural resources like cork, all aircraft and aircraft components, generic pharmaceuticals, and chemical precursors, were granted preferential treatment under the ￰17￱ European Commission reported that goods and services worth over 4.2 billion euros cross the Atlantic each ￰18￱ to the commission, the EU’s annual trade value amounts to 1.6 trillion ￰19￱ reported that Germany’s trade surplus stemmed from trade within the European ￰20￱ shows the country exported roughly 72.5 billion worth of goods to other EU members, as well as imported 58.8 billion euros, which resulted in a significant intra-bloc ￰21￱ EU recorded a 2.5% month-to-month drop in exports, while imports also fell by 1.9%.

Germany also saw a trade deficit with non-EU countries, with exports amounting to 57.1 billion euros in August and imports reaching 53.7 billion ￰22￱ United Kingdom recorded the biggest decline in German imports among non-EU partners, with exports dropping 6.5% month-on-month to 13.5 billion euros. Germany’s imports to China increased by about 5.4% from July to 6.8 ￰23￱ is also currently the biggest supplier to Germany, but imports from the country dropped 4.5% in the month to 13.5 ￰24￱ believes that exports to China are unlikely to pick up more pace in the coming ￰25￱ sees improvement in its overall trade balance in August Germany still saw an improvement in its overall trade balance in August despite subdued export ￰26￱ country exported goods worth 129.7 billion euros, down 0.5% from July and 0.7% lower than in ￰27￱ imports amounted to 112.5 billion euros, a 13% monthly decline but a 3.5% surge year-on-year.

Germany’s trade surplus increased to 17.17 billion euros in August 2025, its second consecutive monthly gain. However, the country’s trade surplus saw a 21.6% annual drop, representing 21.9 billion euros a year earlier. “Hopes for an economic recovery are not based on foreign demand, but on a domestic economy that is picking up due to lower European Central Bank interest rates and higher government spending.” -Ralph Sloveen, Senior Economist at ￰28￱ the drop in exports, Germany’s DAX index rose to fresh record highs during morning trading on Thursday, trading above 24,700 ￰29￱ like Bayer and HeidelbergCement led the gains on the index, climbing by 1.8% and 1.4%, ￰30￱ EURO STOXX 50 index also rose to all-time highs, trading around 5,655 points and rising by more than 5% over the past ￰31￱ STOXX 600 index is trading near all-time highs despite dropping by 0.3% in the morning ￰32￱ $50 free to trade crypto when you sign up to Bybit now

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