FX.co ★ German Trade Surplus Beats Estimates

Germany saw its trade surplus expand to €16.9 billion in October 2025, an increase from €15.3 billion in September, and ahead of market predictions of €15.2 billion. Contrary to forecasts of a slight 0.2% rise, imports decreased unexpectedly by 1.2%, totaling €114.5 billion. This decline was primarily due to reduced purchases from key non-euro-area nations such as China, the US, the UK, and Russia. Conversely, exports experienced a surprising 0.1% increase, reaching a six-month peak at €131.3 billion, defying expectations of a 0.2% drop. This growth was propelled by increased demand from partner countries within the European Union.