Insights for Germany

MoM insights: In the month-on-month analysis, Germany's total imports decreased by 4.49 billion EUR, reflecting a decline of approximately 3.67%. The top three countries contributing to the highest import values were the United Kingdom (3.53 billion EUR), the United States (7.84 billion EUR), and Norway (2.17 billion EUR). Conversely, the lowest values were from Poland (6.71 billion EUR), France (6.02 billion EUR), and the Netherlands (8.03 billion EUR). For exports, there was a significant drop of 8.53 billion EUR, or about 6.18%. The highest export values came from Chile (486.22 million EUR), Japan (1.64 billion EUR), and Vietnam (409.2 million EUR), while the lowest were from the United States (10.96 billion EUR), France (9.75 billion EUR), and Poland (8.56 billion EUR).

YoY insights: In the year-on-year analysis, total imports increased by 6.22 billion EUR, representing a growth of approximately 5.57%. The top countries for import growth included China (16.18 billion EUR), Italy (6.5 billion EUR), and Austria (4.8 billion EUR). On the downside, imports from Czechia (5.38 billion EUR), Norway (2.17 billion EUR), and Brazil (734.46 million EUR) saw declines. For exports, there was a slight decrease of 817.96 million EUR, or about 0.63%. The highest growth in exports was seen with Switzerland (6.73 billion EUR), Spain (3.93 billion EUR), and Austria (7.1 billion EUR), while the largest declines were from the United States (10.96 billion EUR), the United Kingdom (6.48 billion EUR), and Japan (1.64 billion EUR).