FX.co ★ German Imports Inch Lower

In July 2025, Germany's imports experienced a slight decline of 0.1% month-on-month, amounting to EUR 115.4 billion. This decrease reversed the previous month's revised growth of 4.1%, which had been the fastest increase since January. The decline was attributed to the spillover effects of broad U.S. tariffs, which created challenges for both trade and the domestic economy. Notably, purchases from non-EU countries fell by 4.5%, with significant decreases in imports from the United States (-7.9%), China (-7.3%), the United Kingdom (-3.1%), and Russia (-12.4%). In contrast, imports from the European Union rose by 2.5%, with both the Eurozone and non-Eurozone areas contributing to the gains, increasing by 2.5% and 2.6%, respectively. Over the period from January to July, total imports grew by 4.9% year-on-year, reaching EUR 796.6 billion.