Insights for Germany

MoM insights: In the month-on-month analysis, Germany's imports from Ireland saw the highest increase with a trade value of 2.02B EUR, reflecting a significant rise of 685.14M EUR (51.19%). Norway followed with imports valued at 2.24B EUR, increasing by 308.67M EUR (15.95%). The United Kingdom also contributed positively with imports of 2.99B EUR, up by 286.81M EUR (10.60%). On the downside, imports from the Netherlands decreased to 7.03B EUR, down by 595.08M EUR (-7.80%). Austria's imports fell to 3.86B EUR, a decrease of 434.93M EUR (-10.13%). Spain also saw a decline with imports at 2.75B EUR, down by 343.36M EUR (-11.11%). In exports, the United States led with a trade value of 11.5B EUR, increasing by 1.12B EUR (10.84%). Switzerland followed with exports of 6.24B EUR, up by 778.82M EUR (14.25%). Poland's exports reached 8.05B EUR, increasing by 656.15M EUR (8.87%). Conversely, exports to China dropped to 5.59B EUR, down by 1.14B EUR (-16.99%). Ukraine's exports plummeted to 486.01M EUR, a decrease of 490.66M EUR (-50.24%). India also faced a decline with exports at 1.11B EUR, down by 478.52M EUR (-30.21%).

YoY insights: In the year-on-year analysis, imports from France increased to 5.72B EUR, up by 562.41M EUR (10.91%). South Africa's imports rose to 1.15B EUR, with a significant increase of 272.18M EUR (30.90%). Singapore also saw a rise with imports valued at 443.66M EUR, up by 172.16M EUR (63.41%). On the contrary, imports from the Netherlands decreased to 7.03B EUR, down by 1.24B EUR (-15.01%). Norway's imports fell to 2.24B EUR, a decrease of 925.8M EUR (-29.21%). The United States also saw a decline in imports to 7.48B EUR, down by 738.46M EUR (-8.98%). In exports, Spain's exports increased to 3.96B EUR, up by 424.18M EUR (12.01%). Switzerland's exports rose to 6.24B EUR, with an increase of 268.2M EUR (4.49%). France's exports also saw a rise to 9.51B EUR, up by 263.89M EUR (2.87%). However, exports to the Netherlands decreased to 8.6B EUR, down by 639.79M EUR (-6.93%). Exports to China fell to 5.59B EUR, down by 632.53M EUR (-10.17%). The United States also experienced a decline in exports to 11.5B EUR, down by 476.67M EUR (-3.99%).