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German exports drop in setback to fragile recovery
January exports fell 2.3% to €130.5 billion and orders dropped 11%, the largest two-year decline, driven by fewer large-scale orders and weaker shipments to China and the EU.
- On Tuesday, Destatis reported German exports fell 2.3 percent in January to 130.5 billion euros, marking a setback in the fragile economic recovery.
- Shipments to China dropped over 13 and exports to EU countries fell nearly five percent, while large-scale orders mainly declined, affecting goods shipments.
- Order intake plunged 11% in January, and industrial production decreased 0.5%, surprising analysts surveyed by FactSet and economists who expected smaller declines.
- The immediate effects include a trade surplus of 21.2 billion euros, while experts warn that an energy-price shock could reduce growth by 1.3%.
- A positive sign is that shipments to the United States, Germany's top export destination, rebounded nearly 12, after suffering heavily in 2025, despite the export setback.
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48 Articles
The German export industry started with a decline in the year 2026. According to the Federal Statistical Office, goods ... The post After improvement in December: German exports start with a decline in the year 2026 appeared first on Apollo News.
Germany has sunk its foreign trade hard in January alone, as reflected by data published on Tuesday by the country’s statistical portal, Destatis. Compared to December, exports fell by 2.3%, while imports plummeted by a considerable 5.9% in just 31 days. This coincides with the decline in production of the German industry, which leaves the German economy in check at the door of suffering the effects of the Iran war. On the other hand, compared t…
German exports fell faster than expected in January, official data showed on Tuesday, the latest sign that the recovery in Europe's struggling top economy remains fragile.
For German exporters, the year has started to go wrong because of the declining demand from China and Europe. However, there is a prospect of improvement in the short term.
Compared to the strong December, German exports fell in January. Exports in one region in particular declined significantly. Despite the political tensions, exports to the US showed a strong increase.
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