7 November 2025, 12:19  Germany: Exports Rise More than Expected.

Germany’s exports grew 1.4% month-on-month to a five-month high of EUR 131.1 billion in September 2025, following an upwardly revised 0.8% decline in August and surpassing market expectations for a 0.5% increase. It was the first rise in exports in three months, driven by stronger demand from EU countries, which rose 2.5%, and a rebound in shipments to the US. Exports to both the Euro area and non-Euro area countries increased by 1.4% and 5.1%, respectively. Meanwhile, shipments to non-EU countries were unchanged overall, despite an 11.9% jump in exports to the US, the first increase in six months, after five consecutive declines due to Washington’s tariffs on European imports. Exports also rose to the UK (7.1%) and Russia (0.8%) but fell to China (-2.2%). For the first nine months of the year, outbound shipments climbed 0.7% from the same period a year earlier, reaching EUR 1.2 trillion.

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