In January 2025, Germany’s trade data revealed a positive trend in both exports and imports, signaling robust international trade activity. Seasonally adjusted figures for January showed a 0.6% increase in exports and a 3.2% rise in imports compared to December 2024.
A closer look at the regional breakdown reveals that exports to EU countries grew by 1.8%, while exports to non-EU countries declined slightly by 0.6%. Similarly, imports from the EU increased by 2.8%, while imports from non-EU countries saw a sharper rise of 3.6%.
When comparing the most recent quarter to the previous one, both exports and imports experienced a solid growth rate of 2.2%, further underscoring the strength of Germany’s external trade during this period.
Germany’s Trade Data: Deficit Narrowed in January 2025
Year-over-year data from January 2025 shows a 2.5% increase in exports and an 8.8% surge in imports compared to January 2024. Within this, exports to EU countries rose by 1.9%, while exports to non-EU nations grew by 3.3%. On the import side, Germany saw a 2.2% increase in goods from the EU, while imports from non-EU countries jumped by an impressive 18%.
Despite this growth in trade volumes, Germany’s trade balance recorded a deficit of 264 million Euros in January 2025. Notably, the EU trade balance showed a deficit of 635 million Euros, while the non-EU area posted a surplus of 370 million Euros. Excluding energy, the overall trade surplus amounted to 4.43 billion Euros.
In terms of prices, import prices rose by 0.4% on a monthly basis. When comparing January 2025 to the same month last year, import prices were up by 1.4%, with notable differences between the euro zone (+0.2%) and non-euro zone (+2.7%).
This data reflects Germany’s continued trade activity and the complex dynamics between its EU and non-EU trade partners.
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