Destatis – German Recession: Trade surplus with the US in January to July 2025 down 15.1% from the same period a year earlier

Bad news for mercantile Germany. And Trump’s tariffs are just beginning, while German exports to China are falling rapidly.

• Export surplus in trade with the US dropping to 34.6 billion euros, the lowest level recorded since 2021 for the first seven months of a year
• Germany’s total export surplus down 21.2% compared with the same period of the previous year
• Import surplus in trade with China at 47.7 billion, the highest level since 2022

Read Article HERE

This photo is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code