In 2025 the German federal government provided export‑credit and investment guarantees that covered €14.5 billion of export transactions and overseas investments, announced the Ministry of Economic Affairs on Thursday. These guarantees shield German firms from payment defaults that arise due to political or economic conditions, and the ministry said they offer a “crucial contribution to securing employment in small and medium‑sized enterprises as well as in larger companies”.
The bulk of the coverage reached its highest levels in Turkey, Poland and Brazil. Three‑quarters of the guarantees protected deals in developing and emerging‑market economies. For example, the state assumed export‑credit guarantees for the construction of two wind farms in Poland, a steel mill in Brazil, and for the supply of five substations that will underpin basic grid services for northern Iraq.
Overall coverage dropped by roughly five percent to €79.1 billion compared with the previous year. The ministry warned that the conditions for German foreign trade and overseas investors deteriorated further in 2025, citing geopolitical crises, trade‑policy conflicts, declining investment activity and strong international competition as key challenges for German exporters and investors.