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German exports rose in February ahead of tariffs, industrial production fell
Published by Global Banking & Finance Review®
Posted on April 7, 2025
2 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 7, 2025
2 min readLast updated: January 24, 2026
German exports increased by 1.8% in February, driven by US demand ahead of tariffs, while industrial production fell by 1.3%, indicating challenges in manufacturing.
By Maria Martinez
(Reuters) -German exports rose more than expected in February as U.S. demand increased in anticipation of tariffs by the Trump administration, but industrial production fell, showing the struggle of the manufacturing sector in Europe's biggest economy.
Exports rose by 1.8% in February compared with the previous month, data from the federal statistics office showed on Monday.
The result compared with a forecast 1.5% increase in a Reuters poll.
Imports rose by 0.7% on a calendar and seasonally adjusted basis compared with January.
The trade balance showed a surplus of 17.7 billion euros in February, up from 16.2 billion euros in January, but below the 22.6 billion euros surplus recorded in February of 2024.
Exports to EU countries rose by 0.5% on the month, while exports to third countries rose by 3.2%.
Most German exports went to the United States, up 8.5% compared with January, as demand increased in anticipation of the tariffs.
The far-reaching tariffs announced by the U.S. will deal a major blow to German industry. The U.S. was Germany's biggest trading partner in 2024, according to the statistics office, with 253 billion euros ($270 billion) worth of goods exchanged between them.
German industrial production fell more than expected in February by 1.3% compared to the previous month, the federal statistics office said on Monday.
Analysts polled by Reuters had predicted a 0.8% decline.
Compared with February 2024, production was 4.0% lower in February 2025 after adjustment for calendar effects.
German industrial orders stagnated in February, data showed on Friday, showing that demand remains weak.
($1 = 0.9083 euros)
(Reporting by Tristan Veyet in Gdansk and Maria Martinez in Berlin; Editing by Ludwig Burger and Toby Chopra)
The article discusses the rise in German exports in February and the decline in industrial production, highlighting economic challenges.
How did US tariffs impact German exports? Anticipation of US tariffs led to an increase in demand for German exports.
What was the trade balance surplus in February? It was 17.7 billion euros, up from January but below February 2024.
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