Germany's trade surplus climbs to $23.8B in March

Germany's trade surplus climbs to $23.8B in March

Exports and imports both see 2.3% rise year-on-year in March

By Mucahithan Avcioglu

ISTANBUL (AA) - Germany's foreign trade surplus rose to €21.1 billion ($23.85 billion) in March 2025 from February's €17.9 billion, according to official data from Destatis released on Thursday.

The markets expected the surplus to come in at €19 billion in March.

On a yearly basis, Germany's exports climbed 2.3% to €133.2 billion in March and its imports also rose 2.3% to €112.1 billion.

On a monthly basis, Germany’s exports were up 1.1%, while its imports fell 1.4% in the same period.

Germany's exports to fellow EU members totaled €72.3 billion in March, while its imports from these countries were €56.9 billion.

The country's exports to countries outside the EU amounted to €60.9 billion, while imports from these countries totaled €55.2 billion in March.

Most German exports in March went to the US, up 2.4% from February 2025, with the value of exports to the US rising to €14.6 billion.

Exports to China increased 10.2% to €7.5 billion and exports to the UK fell by 2.8% to €6.4 billion.

Germany’s imports in March came mostly from China, totaling €14.7 billion, up 9.6%, followed by the US with €8.1 billion, up 7.9%, and the UK, down 5.8% to €3.2 billion.

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