• German exports rose 0.5% month-on-month and 1.9% year-on-year in March, despite the Iran war.
  • Exports to the US fell 7.9% from the previous month and 21.4% compared to March 2025.
  • Imports jumped 5.1% from February, and the trade surplus narrowed to €14.3 billion.
  • The government halved its growth forecast to 0.5%, and the Chamber of Commerce expects export stagnation in 2026.
  • Threats of new tariffs by Donald Trump raise the risk of an EU-US trade dispute.

Sources & Links