Unexpected falling the export her Germany In July 2025 due to the shrinkage of demand by the US and China.
According to figures announced today (8.9.2025) by the Federal Statistical Service, Germany’s exports decreased by 0.6% compared to the previous month, reaching 130.2 billion euros.
Economists asked by the Reuters news agency had predicted a slight increase of 0.1%. In June, the increase had reached 1.1%.
Most exports in July again headed to the US. However, German products were sold there, only € 11.1 billion worth, ie 7.9% less than last month. “This is the fourth consecutive monthly reduction and the lowest price since December 2021,” statistics explained.
Due to the higher duties, many exports have been promoted, and now this demand is missing. Since August, most EU exports to the US have been subject to 15%duties. This makes German products more expensive in the world’s largest economy.
German transactions with China also shrunk at the beginning of the second semester. Exports to the People’s Republic decreased by 7.3% to € 6.4 billion. The second -largest post -US economy now produces many products itself and is thus increasingly competitor for Germany, for example in the electric car. In contrast, exports to the EU increased by 2.5% to 74.8 billion euros.
German imports declined in July, albeit by only 0.1% over the previous month to € 115.4 billion. Analysts had even foreseen a 1%reduction. Increasing imports may be an indication of increasing domestic demand.
The chances of export recovery are not particularly good at this time: in July, the industry received 3.1% less orders from abroad. In addition, German exporters did not show much enthusiasm for the tariff agreement between the European Union and the US.