German Exports Rise Imports Surge

German Exports Rise Imports Surge

German trade figures for June 2025 reveal a mixed picture, with export growth moderating while import volumes increased. According to preliminary data released by the Statistical Federal Office (Destatis), seasonally and calendar-adjusted exports rose by 0.8 percent compared to May, while imports climbed significantly by 4.2 percent. Year-on-year, exports were up 2.4 percent and imports increased by a substantial 7.9 percent.

Overall, the Federal Republic exported goods valued at €130.5 billion and imported goods worth €115.6 billion, resulting in a trade surplus of €14.9 billion. This figure represents a decrease from the €18.5 billion surplus recorded in May and lower than the €20.3 billion surplus seen in June 2024.

Within the European Union, seasonally adjusted exports to member states reached €73.0 billion, alongside imports valued at €59.6 billion. Exports to EU countries showed an increase of 2.4 percent compared to May, while imports from these countries rose by 3.5 percent.

Trade with the Eurozone saw exports amounting to €50.7 billion (+3.1 percent) and imports from the area totaling €39.3 billion (+3.9 percent). Exports to EU countries outside the Eurozone reached €22.3 billion (+1.0 percent), with imports from these states amounting to €20.4 billion (+2.8 percent).

Exports to third countries totaled €57.5 billion, accompanied by imports valued at €56.0 billion. Exports to these nations experienced a 1.2 percent decline compared to May, while imports rose by 5.0 percent.

The United States remained the primary destination for German exports, however, these figures saw a contraction. Seasonally adjusted exports to the U.S. decreased by 2.1 percent compared to May, reaching €11.8 billion. This marks the third consecutive month of decline, representing the lowest value since February 2022 (€11.2 billion). Year-on-year, exports to the U.S. fell by a notable 8.4 percent. In contrast, exports to the People’s Republic of China increased slightly, rising by 1.1 percent to €6.9 billion. Exports to the United Kingdom also saw a minor increase, up 0.4 percent to €7.2 billion.

China was the leading source of German imports in June, with goods valued at €14.6 billion entering the country, a 5.8 percent increase from the previous month. Imports from the United States experienced a significant surge, rising 19.8 percent to €8.8 billion, the highest value since June 2022. Imports from the United Kingdom, however, decreased by 5.5 percent to €3.0 billion.

Notably, exports to Russia saw a calendar- and seasonally-adjusted increase of 10.3 percent to €0.6 billion compared to May, representing a 3.6 percent rise year-on-year. Imports from Russia increased sharply, up 46.0 percent from May to €0.1 billion, but remained below the level seen in June 2024, which saw a decrease of 17.7 percent.