Insights for Germany

MoM insights: In the month-on-month analysis, Germany's imports from Canada saw a significant increase of 354.16M EUR, representing a 54.47% rise. Singapore also showed strong growth with an increase of 205.8M EUR (71.05%). In contrast, imports from China experienced a notable decline of 1.37B EUR, a decrease of 8.47%. Other significant declines were seen with Italy (-1.2B EUR, -18.51%) and Switzerland (-1.01B EUR, -20.00%). For exports, India led with an increase of 304.53M EUR (23.80%), followed by China with 279.57M EUR (4.33%). However, exports to Switzerland fell by 1.26B EUR (-18.77%). Overall, total imports decreased by 12.08B EUR (-10.25%) while total exports decreased by 11.92B EUR (-9.20%).

YoY insights: In the year-on-year analysis, imports from China increased by 2.15B EUR (17.00%), while imports from France rose by 630.56M EUR (11.83%). Austria also saw a significant increase of 605.26M EUR (16.40%). On the downside, imports from Norway fell by 713.67M EUR (-26.94%), and Guyana saw a decrease of 220.47M EUR (-60.27%). For exports, France led with an increase of 866.97M EUR (10.39%), followed by China with 674.9M EUR (11.14%). However, exports to the United States decreased by 1.16B EUR (-10.00%). Overall, total imports increased by 4.44B EUR (4.38%) while total exports increased by 4.01B EUR (3.53%).