Home breadcru News breadcru Import/Exports breadcru EU trade drives Germany's Feb export gains; US remains top market

EU trade drives Germany's Feb export gains; US remains top market

08 Apr '25
4 min read
EU trade drives Germany's Feb export gains; US remains top market
Pic: Shutterstock

Insights

  • In February 2025, German exports rose by 1.8 per cent and imports by 0.7 per cent MoM (seasonally adjusted), with a trade surplus of €17.7 billion (~$19.29 billion).
  • Compared to February 2024, exports were up 0.1 per cent and imports rose 4.6 per cent.
  • The US remained the top export destination, while most imports came from China.
  • Exports to Russia declined both monthly and annually.
German exports rose by 1.8 per cent, and imports by 0.7 per cent in February 2025 on a calendar- and seasonally adjusted basis compared with January 2025, as per the Federal Statistical Office (Destatis). It also reported that exports increased by 0.1 per cent and imports by 4.6 per cent compared to February 2024.

After calendar and seasonal adjustment, Germany exported goods to the value of €131.6 billion (~$143.44 billion) and imported goods to the value of €113.8 billion in February 2025. The foreign trade balance thus showed a surplus of €17.7 billion (~$19.29 billion) in February 2025. The calendar and seasonally adjusted surplus stood at €16.2 billion in January 2025. In February 2024, the surplus was €22.6 billion (~$24.63 billion), Destatis said in a press release.

On a calendar and seasonally adjusted basis, Germany exported goods to the value of €70.2 billion to the Member States of the European Union (EU) in February 2025, while it imported goods to the value of €58.6 billion from these countries in the same period. Compared with January 2025, calendar and seasonally adjusted exports to EU countries rose by 0.5 per cent and imports from these countries increased by 2.3 per cent.

The value of the goods exported to euro area countries totalled €48.5 billion (+0.3 per cent), and the value of the goods imported from these countries was €39.2 billion (+2.8 per cent). Goods to the value of €21.7 billion (+1.0 per cent) were exported to EU countries not belonging to the euro area, while the value of the goods imported from those countries was €19.4 billion (+1.4 per cent).

Exports of goods to countries outside the EU (third countries) amounted to €61.4 billion in February 2025, while imports from these countries totalled €55.2 billion, on a calendar and seasonally adjusted basis. Compared with January 2025, exports to third countries rose by 3.2 per cent, while imports from those countries fell by 1 per cent.

Most German exports in February 2025 went to the United States. After seasonal and calendar adjustment, exports of goods to the United States were up 8.5 per cent compared with January 2025, with the value of exports to the United States rising to €14.2 billion. Exports to China increased by 0.6 per cent to €6.8 billion. Exports to the United Kingdom decreased by 3.8 per cent to €6.5 billion.

Most imports in February 2025 came from China. Goods to the value of €13.7 billion were imported from there, on a calendar and seasonally adjusted basis. This was an increase of 7.1 per cent compared with the previous month. Imports from the United States decreased by 3.9 per cent to €7.6 billion. Imports from the United Kingdom dropped by 5.2 per cent to €3.5 billion during the same period.

After calendar and seasonal adjustment, exports to Russia decreased by 3.0 per cent to €0.6 billion in February 2025 from January 2025 and were down 13.4 per cent from February 2024. Imports from Russia fell by 4.5 per cent to €0.1 billion in February 2025 from January 2025 and were down 49.4 per cent compared with February 2024.

Germany exported goods to the value of €129.8 billion and imported goods to the value of €111.4 billion on a nominal basis (not adjusted for calendar or seasonal effects) in February 2025. Compared with February 2024, exports were down 1.8 per cent and imports rose by 3.1 per cent. The unadjusted foreign trade balance showed a surplus of €18.4 billion in February 2025. In February 2024, the surplus was €24.1 billion.

ALCHEMPro News Desk (SG)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!