Germany’s current account surplus declined to €8.3 billion in August 2025 from €15.4 billion a year earlier, weighed down by weaker export performance. The goods surplus narrowed to €10.6 billion from €17.2 billion, as exports fell 5.8% to €99.2 billion while imports edged up 0.6% to €88.6 billion. The primary income surplus eased slightly to €13.8 billion from €14.0 billion, and the secondary income deficit widened to €5.9 billion from €5.1 billion. Partially offsetting these trends, the services deficit narrowed to €10.2 billion from €10.7 billion. Over the first eight months of 2025, the current account surplus totaled €134.6 billion, down from €178.5 billion in the same period last year.