By Maria Martinez
(Reuters) -German exports rose more than expected in September as exports to the United States increased for the first time after five consecutive month-on-month decreases, official data showed on Friday.
Exports from Europe’s biggest economy rose by 1.4% in September compared with the previous month, according to data from the federal statistics office, beating a forecast by analysts polled by Reuters for a 0.5% increase.
Imports rose by 3.1% on a calendar and seasonally adjusted basis.
The foreign trade balance showed a surplus of 15.3 billion euros ($17.84 billion) in September, compared with a surplus of 18.0 billion euros in September 2024.
EXPORTS TO THE US INCREASE, CHINESE IMPORTS ON THE RISE
Exports to the United States increased by 11.9% on the month, following five consecutive declines due to Washington’s tariffs on European imports.
Exports to EU countries rose by 2.5% on the month, while exports to countries outside the bloc remained unchanged.
Most imports came from China, with an increase of 6.1% compared with the previous month.
The influx of imports has gathered momentum since U.S. President Donald Trump imposed tariffs on China, and industry bosses, as well as governments, want the European Union to use its powers to protect local businesses and jobs.
(Reporting by Linda Pasquini and Halilcan Soran; editing by Miranda Murray)
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