Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase, rebounding from a 2.5% fall in the previous month. Export growth was supported by stronger shipments to the EU and non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%), China (4.1%), and Russia (6%). For the full year of 2025, Germany registered a trade surplus of €202.7 billion, with exports up just 1.0% while imports increased 4.4%. source: Federal Statistical Office

Germany recorded a trade surplus of 17.10 EUR Billion in December of 2025. Balance of Trade in Germany averaged 7.33 EUR Billion from 1962 until 2025, reaching an all time high of 25.15 EUR Billion in January of 2024 and a record low of -0.39 EUR Billion in May of 1991. This page provides - Germany Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Germany Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Germany recorded a trade surplus of 17.10 EUR Billion in December of 2025. Balance of Trade in Germany is expected to be 14.00 EUR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Germany Balance of Trade is projected to trend around 17.10 EUR Billion in 2027 and 20.00 EUR Billion in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-09 07:00 AM
Balance of Trade
Nov €13.1B €17.2B €16.5B €17.1B
2026-02-06 07:00 AM
Balance of Trade
Dec €17.1B €13.6B €14.1B €14.0B
2026-03-10 07:00 AM
Balance of Trade
Jan €17.1B €15.4B


Related Last Previous Unit Reference
Balance of Trade 17.10 13.60 EUR Billion Dec 2025
Current Account 16111.88 14242.24 EUR Million Dec 2025
Exports MoM 133.30 128.11 EUR Billion Dec 2025
Imports MoM 116.20 114.60 EUR Billion Dec 2025
Terms of Trade 103.80 103.80 points Dec 2025
Tourist Arrivals 3051.57 2556.17 Thousand Dec 2025


Germany Balance of Trade
Germany continued to post significant trade surpluses with key partners in 2024. The surplus with the United States stood at approximately €69.8 billion, reflecting robust demand for German industrial goods, such as motor vehicles and machinery. In contrast, Germany recorded a substantial trade deficit with China—around €66.3 billion—due to high imports of electronics, machinery, and other manufactured products. Overall, the US regained its position as Germany’s largest trading partner, slightly ahead of China, with the Netherlands ranking third.
Actual Previous Highest Lowest Dates Unit Frequency
17.10 13.60 25.15 -0.39 1962 - 2025 EUR Billion Monthly
Current Prices, SA

News Stream
German Trade Surplus Widens in December
Germany’s trade surplus widened to €17.1 billion in December 2025, up from an upwardly revised €13.6 billion in November and surpassing market expectations of €14.1 billion. Exports rose 4.0% to a 20-month high of €133.3 billion, well above forecasts of a 1.0% increase, rebounding from a 2.5% fall in the previous month. Export growth was supported by stronger shipments to the EU and non-EU countries, with exports to the US, Germany’s largest market, which rose 8.9%. Outbound shipments also increased to China (10.7%), the UK (14.6%), and Russia (1.8%). Imports rose 1.4% to a 29-month high of €116.2 billion, exceeding expectations of a 0.2% increase, supported by higher purchases from both EU and non-EU countries, including the US (3.0%), China (4.1%), and Russia (6%). For the full year of 2025, Germany registered a trade surplus of €202.7 billion, with exports up just 1.0% while imports increased 4.4%.
2026-02-06
German Trade Surplus Smallest in Nearly 3 Years
Germany’s trade surplus narrowed to €13.1 billion in November 2025, down from an upwardly revised €17.2 billion in October and below market expectations of €16.5 billion. This was the smallest surplus since December 2022, as exports fell 2.5% to a 13-month low of €128.1 billion, missing forecasts for flat growth. Weak demand from the EU (-4.2%) and other trading partners (-0.2%) weighed on shipments, with exports to the US, Germany’s largest market, declining 4.2% amid the ongoing impact of tariffs. Exports to the UK also fell sharply, down by 8.1%. Imports rose 0.8% to €115.1 billion, above the expected 0.2%, supported by higher purchases from China (8.0%), the US (7.9%), and the UK (10.9%). For the first eleven months of 2025, Germany recorded a trade surplus of €182.3 billion, with exports up just 0.9% while imports rose 4.6%.
2026-01-09
German Trade Surplus Beats Estimates
Germany’s trade surplus widened to €16.9 billion in October 2025, up from €15.3 billion in September and surpassing expectations of €15.2 billion. Exports unexpectedly edged up 0.1% to a six-month high of €131.3 billion, beating expectations of a 0.2% decline, supported by stronger demand from EU trading partners, where exports rose 2.7%, including gains of 2.5% to the euro area and 3.1% to non-euro-area countries. By contrast, shipments to third countries dropped 3.3%, including a 7.8% fall in exports to the US, Germany’s largest export destination, amid the lingering impact of US tariffs, after an 11.9% surge in September. Shipments also fell to the UK and China. Imports unexpectedly fell 1.2% to €114.5 billion, missing forecasts of a 0.2% increase, weighed down by lower purchases from third countries, including China, the US, the UK, and Russia. Over the first ten months of 2025, Germany recorded a trade surplus of €169 billion, as exports grew just 1.1%, while imports rose 4.6%.
2025-12-09