Insights for Germany

MoM insights: In the month-on-month analysis, Germany's imports saw a total trade value of 113.01B EUR, which represents a decrease of 3.27B EUR, or approximately -2.82%. The top three countries contributing to this decline were Poland (-695.02M EUR, -9.85%), France (-573.01M EUR, -9.12%), and Austria (-391.84M EUR, -8.25%). On the other hand, the highest increases were from the United Kingdom (362.67M EUR, +11.64%), China (333.21M EUR, +2.22%), and Norway (174.6M EUR, +21.25%). For exports, the total trade value was 126.58B EUR, down by 5.79B EUR, or -4.38%. The largest decreases were seen with the United States (-1.21B EUR, -9.93%), France (-1B EUR, -9.78%), and Poland (-755.78M EUR, -8.51%). Conversely, the top increases came from Special Categories (270.41M EUR, +2.12%), Chile (249.35M EUR, +1.05%), and Japan (203.28M EUR, +14.13%).

YoY insights: In the year-on-year analysis, Germany's imports totaled 113.01B EUR, reflecting an increase of 9.98B EUR, or +9.69%. The top contributors to this growth were China (1.88B EUR, +13.89%), Italy (1.35B EUR, +28.24%), and Austria (863.06M EUR, +24.58%). The lowest growth was observed from Brazil (-216.21M EUR, -22.60%), Czechia (-171.89M EUR, -3.23%), and the United Arab Emirates (-144.53M EUR, -58.78%). For exports, the total value was 126.58B EUR, with a modest increase of 1.26B EUR, or +1.00%. The highest growth was from Spain (819.27M EUR, +20.08%), Switzerland (737.85M EUR, +12.32%), and Italy (677.35M EUR, +11.11%). The lowest performers included the United States (-3.25B EUR, -22.85%), the United Kingdom (-988.08M EUR, -13.24%), and Japan (-865.79M EUR, -34.50%).