Calendar-, seasonally-adjusted German exports up 2.3% YoY in Mar 2025

Such exports increased by 2.3 per cent year on year (YoY) and imports rose by 2.3 per cent YoY during the month.

After calendar and seasonal adjustment, Germany exported goods worth €133.2 billion and imported goods worth €112.1 billion in March.

The foreign trade balance thus showed a surplus of €21.1 billion in the month. The calendar- and seasonally-adjusted surplus stood at €18 billion in February; in March, the surplus was €20.5 billion.

Trade with EU countries

On a calendar and seasonally adjusted basis, Germany exported goods to the value of €72.3 billion to the member states of the European Union (EU) in March, while it imported goods worth €56.9 billion from these countries in that period.  

Calendar- and seasonally-adjusted exports to EU countries rose by 3.1 per cent MoM, while imports from these countries fell by 3.5 per cent MoM in the month. The value of the goods exported to euro area countries totalled €50.3 billion (plus 3.8 per cent), and the value of the goods imported from these countries was €37.1 billion (minus 5.8 per cent).

Goods worth €22 billion euros (plus 1.6 per cent) were exported to EU countries not belonging to the euro area, while the value of the goods imported from those countries was €19.8 billion (plus 1.1 per cent), a Destatis release said.

Exports of goods to countries outside the EU (third countries) amounted to €60.9 billion in March, while imports from these countries totalled €55.2 billion on a calendar- and seasonally-adjusted basis. Exports to third countries declined by 1.1 per cent MoM in the month, while imports from third countries rose by 0.8 per cent MoM.

Most German exports in March this year went to the United States. After seasonal and calendar adjustment, exports of goods to the United States were up by 2.4 per cent MoM in the month, with the value of exports to that country rising to €14.6 billion.

Exports to China increased by 10.2 per cent MoM to €7.5 billion. Exports to the United Kingdom fell by 2.8 per cent MoM to €6.4 billion.

Most imports in March this year came from China. Goods worth €14.7 billion were imported from there, on a calendar- and seasonally-adjusted basis—a rise of 9.6 per cent MoM. Imports from the United States rose by 7.9 per cent MoM to €8.1 billion. Imports from the United Kingdom dropped by 5.8 per cent MoM to €3.2 billion during the month.

After calendar and seasonal adjustment, exports to Russia increased by 6.3 per cent MoM to €0.6 billion in the month and were up by 11.9 per cent YoY. Imports from Russia rose by 9.8 per cent MoM and 38.6 per cent YoY to €0.1 billion in March.

ALCHEMPro News Desk (DS)