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2026.04.0906:12:42UTC+00German Exports Rise More than Expected

Germany’s exports rose by 3.6% month-on-month to €135.2 billion in February 2026, reaching their highest level in three years. This followed a downwardly revised 1.5% decline in January and surpassed market expectations of a 1% increase. Shipments to EU member states grew by 5.8%, with exports to the Eurozone up 5.2% and those to non-Eurozone EU countries advancing 7.4%. Exports to non-EU countries also edged 0.8% higher, driven by an 11.7% increase in exports to the UK and a 26.9% surge in shipments to Russia. In contrast, exports to the United States, Germany’s largest single export market, fell by 7.5%, while exports to China declined by 2.5%. Over the first two months of 2026, total exports increased by 1.6% year-on-year to €265.8 billion.

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