2026.11.0907:12:41UTC+00German Exports Rise More Than Forecast

Germany’s exports rose by 2% month-on-month to €141.1 billion in September 2026, following a downwardly revised 0.4% decline in August and surpassing market expectations for a 0.5% increase. This marked the strongest monthly gain since February, driven primarily by a 3.5% rise in exports to EU member states, which reached €80.8 billion.

Within the EU, exports to the euro area increased by 2.4% to €55.8 billion, while shipments to non-euro area EU countries climbed 6.1% to €25 billion. Exports to non-EU “third countries” edged up 0.1% to €60.3 billion, despite declines in sales to several key partners: exports to the United States fell 0.5%, to China 5.2%, and to the United Kingdom 4.7%.

On a year-on-year basis, German exports increased by 7.7% in September. For the January–September period, total exports amounted to €1,234.3 billion, up 4.3% compared with the same period a year earlier.