Germany Market Bulletin – July 2025

Overview of Germany’s Foreign Trade – May 2025

According to the Federal Statistical Office of Germany (Destatis), the country’s export and import performance in May 2025 continued to reflect mixed signals amid global trade adjustments.

  • Exports (seasonally adjusted): €129.4 billion
    -1.4% compared to April 2025
    +0.4% compared to May 2024

  • Imports (seasonally adjusted): €111.1 billion
    -3.8% compared to April 2025
    +4.2% compared to May 2024

  • Trade Balance: Surplus of €18.4 billion

Trade with Major Partners

Germany’s exports to EU countries reached €71.3 billion, while imports from the bloc were €57.7 billion. Exports to non-EU countries totaled €58.1 billion.

  • Exports to the U.S. fell 7.7% (to €12.1 billion) — the lowest since March 2022.

  • Exports to China decreased 2.9% to €6.8 billion.

  • Exports to the U.K. increased 15.1% to €7.2 billion.

Imports from China totaled €13.8 billion (-1%), while those from the U.S. dropped 10.7% to €7.4 billion.


Import and Export Prices – May 2025

  • Import Prices:
    -1.1% YoY; -0.7% MoM
    The sharpest decline came from energy prices (-14.6% YoY), especially crude oil (-26.4%) and coal (-21.2%).

  • Export Prices:
    +1.0% YoY; -0.7% MoM
    Notably, coffee exports rose 55.1% YoY, reflecting strong global demand, while dairy fats increased 23.3% YoY.


Consumer Price Index (CPI) – June 2025

Germany’s inflation rate (CPI) stood at +2.0% YoY, the lowest since October 2024.

  • Energy prices: ↓ 3.5%

  • Food prices: ↑ 2.0%, with notable increases in chocolate (+17.4%), fruits (+7.4%), and dairy (+3.6%).


Industrial Production

Germany’s industrial output in May 2025 rose 1.2% MoM and 1.0% YoY, driven mainly by:

  • Automotive sector: +4.9%

  • Energy production: +10.8%

  • Pharmaceuticals: +10%
    Construction, however, dropped 3.9%.


🇻🇳 Vietnam–Germany Bilateral Trade

According to Destatis and Vietnam Customs:

  • Total trade (Jan–Jun 2025): approx. USD 6.65 billion, up 18.8% YoY.

    • Vietnam’s exports: USD 4.75 billion (+24%)

    • Vietnam’s imports: USD 1.9 billion (+7.4%)

Key Export Sectors from Vietnam

  • Agricultural & Aquatic Products: USD 1.12 billion (+79%)

    • Coffee: USD 824.85 million (+113%)

    • Seafood: USD 100.5 million (+6%)

    • Cashew nuts: USD 79.6 million (+25%)

    • Pepper: USD 75.44 million (+57%)

    • Fruits & Vegetables: USD 39.79 million (+24%)

  • Manufacturing Exports:

    • Electronics & components: USD 551.85 million (+30%)

    • Machinery & equipment: USD 701.62 million (+19%)

    • Textiles & garments: USD 446.11 million (+22%)

    • Footwear: USD 379.55 million (+2%)

Key Imports from Germany

  • Machinery & equipment: USD 688.04 million (+12%)

  • Pharmaceuticals: USD 225.50 million (+38%)

  • Chemicals: USD 221.24 million (-29%)

  • Electronics & components: USD 91.23 million (+25%)