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German Exports Hit 20-Month High
Germany’s exports grew 4.0% month-on-month to a 20-month high of €133.3 billion in December 2025, well above forecasts of a 1.0% increase. Export growth was supported by stronger shipments to the US and other 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%). For the full year of 2025, Germany’s total exports reached €1.57 trillion, up 1.0% from 2024.