Germany’s exports fell 0.8% month-on-month to €137.6 billion in August 2026, following a downwardly revised 0.5% drop in the previous month and against market expectations for a 0.8% increase. This marked the second consecutive monthly decline in exports, driven by lower shipments to EU member states (-0.6% to €77.5 billion), particularly to non-euro area countries (-3.5% to €23.2 billion), while exports to the euro area increased (0.8% to €54.3 billion). Shipments to third countries also dropped (-1.1% to €60.0 billion), primarily due to weaker demand from the US (-6.3%), which offset increases in exports to China (4.7%) and the UK (16.7%). On a yearly basis, Germany’s exports grew 6.2% in August. For the January-August period, the country's exports were 4.4% higher than in the same period a year ago, totaling €1,092.7 billion.