German foreign trade figures: June 2026 exports and imports
Why it matters
German trade figures are an early stress signal for European industrial demand, China exposure, U.S. tariff effects and clean-tech supply-chain shifts.
What to watch
- Exports to the United States and China.
- Imports from China in batteries, solar, electronics and machinery-adjacent categories.
- Whether weak orders or high energy costs are flowing into trade volumes.
- UN Comtrade HS-level detail and IMF partner-country totals as cross-checks against Destatis releases.
Result captured
German trade in Juni 2026: exports were EUR 139.3 billion (+0.9% m/m), imports were EUR 123.9 billion (+4.4% m/m), and the seasonally adjusted trade surplus was EUR 15.4 billion.
The headline figure is EUR 139.3 billion, up EUR 1.4 billion from EUR 137.9 billion in the previous release.
Briefing
June's sharp import rebound—up 4.4% after May's contraction—signals a return to industrial input demand across Europe, narrowing Germany's trade surplus and suggesting either restocking or a pickup in downstream orders that may not yet show in export momentum.
Sources
- Destatis Außenhandel theme page
- UN Comtrade Plus
- IMF International Trade in Goods by partner country, formerly DOTS
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