Germany's trade surplus narrows as imports surge in March
Updated
Updated · investinglive.com · May 8
Germany's trade surplus narrows as imports surge in March
10 articles · Updated · investinglive.com · May 8
Imports rose 5.1% month on month and 7.2% year on year, while exports increased 0.5% monthly and 1.9% annually, with non-EU imports up 7.4%.
Exports to the United States, still Germany's biggest market, fell to 11.2 billion euros, down 7.9% from February and 21.4% from March 2025 after seasonal adjustment.
The report suggests higher energy costs linked to the US-Iran conflict drove import growth, echoing trade pressures seen during the Russia-Ukraine war and signalling a sharp shift in Germany-US trade ties.
As US tariffs and the Iran war batter its economy, is Germany’s export-reliant model fundamentally broken?
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