10 March 2026, 15:03 Germany: Imports Slump.
Germany’s imports tumbled 5.9% month-on-month to a 17-month low of €109.2 billion in January 2026, reversing a marginally revised 1.3% rise in the previous month and pointing to weaker domestic demand at the start of the year amid mounting economic headwinds. Purchases from EU partners fell 4.8%, weighed by declines from both euro area members (-5.7%) and non-euro-area countries (-2.7%). By contrast, imports from non-EU countries rose 1.0%, supported mainly by stronger purchases from the U.S. (11.7%). However, imports dropped from several major partners, including China (-13.2%), the United Kingdom (-2.6%), and Russia (-8.3%). On an annual basis, total imports declined 4.0%, a reversal from the 4.4% growth recorded in 2025.
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