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2026.01.0907:29:01UTC+00German Exports Unexpectedly Fall

Germany's exports experienced an unexpected decline of 2.5% in November 2025, reaching a 13-month low of €128.1 billion, contrary to the forecasted stability. This downturn was primarily influenced by decreased demand from EU trading partners, with exports reducing by 4.2%. Specifically, shipments to the euro area saw a 3.9% downturn, while those to non-euro-area countries decreased by 4.8%. Additionally, exports to non-EU countries contracted by 0.2%. The United States, Germany's leading export market, witnessed a significant drop of 4.2%, exacerbated by ongoing US tariffs, following a previous decline of 7.8% in October. Furthermore, exports to the United Kingdom and Russia decreased by 8.1% and 5.5%, respectively.

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