Insights for Germany

MoM insights: In the month-on-month analysis, imports from France saw the highest increase with a trade value of 6.26B, reflecting a growth of 853.41M (15.8%). Italy followed closely with 6.48B, increasing by 611.55M (10.4%). Switzerland also showed a significant rise with 5.01B, up by 486.42M (10.8%). On the lower end, imports from the United States decreased by 1.28B (15.3%), with a total trade value of 7.06B. The United Kingdom and Spain also experienced declines of 540.29M (14.8%) and 166.43M (5.0%) respectively. In exports, Switzerland led with 6.66B, increasing by 625.92M (10.4%), while Poland followed with 8.89B, up by 625.83M (7.6%). The lowest exports were from the United States, which fell by 835.39M (6.4%) to 12.17B, and the United Kingdom, down by 280.83M (3.8%).

YoY insights: Year-on-year, imports from Italy showed the most significant growth at 6.48B, with an increase of 1.59B (32.4%). The Netherlands followed with 7.18B, up by 1.16B (19.2%), and Austria with 4.77B, increasing by 1.11B (30.2%). On the downside, imports from Singapore decreased by 531.03M (62.3%), with a total value of 321.04M. Ireland and Norway also saw declines of 371.84M (17.2%) and 356.05M (30.2%) respectively. In exports, Poland led with 8.89B, increasing by 1.45B (19.4%), followed by France at 10.23B, up by 1.32B (14.5%). The lowest exports were from the United States, which fell by 1.07B (8.1%) to 12.17B, and China, down by 615.23M (8.6%).