Euro Area exports dropped 4.7% year-on-year to €205.9 billion in August 2025, their lowest level since January 2022, exacerbated by ongoing US tariffs on the bloc's goods. The decline was driven by weaker sales of chemicals (-9.6%) and machinery and vehicles (-3.9%). By destination, shipments fell sharply to the US (-22.3%), China (-12.8%), Japan (-24.9%), Turkey (-10.0%), South Korea (-14.2%), India (-9.8%), Brazil (-7.3%), and the UK (-0.1%).