FX.co ★ German Exports Unexpectedly Rise in October

In October 2025, Germany's exports saw an unexpected increase of 0.1% month-on-month, reaching €131.3 billion—a six-month high—after a revised 1.5% growth in September, and surpassing market predictions of a 0.2% drop. This marks the second consecutive month of export growth, driven primarily by heightened demand from EU trading partners. Within the EU, exports rose by 2.7%, with a 2.5% increase to euro area nations and a 3.1% rise to non-euro-area countries. Conversely, exports to non-EU countries declined by 3.3%. This includes a significant 7.8% decrease in shipments to the United States, Germany’s largest export market, which faced ongoing challenges from US tariffs following an 11.9% increase in September. Exports to the UK decreased by 6.5%, while those to China fell by 5.8%. Over the first ten months of 2025, Germany’s total exports amounted to €1.31 trillion, representing a 1.1% growth compared to the same period in 2024.