Germany's exports in February exceeded expectations, showcasing resilience in the face of industrial challenges. According to the German Federal Statistical Office, exports rose by 1.8% compared to the previous month, surpassing the anticipated 1.5% increase.
However, the industrial sector is facing difficulties. February's industrial production fell by 1.3% month-on-month, a sharper decline than the 0.8% analysts had predicted. This decline highlights the ongoing struggles within Europe's largest economy's manufacturing sector.
The recent announcement of broad tariffs by the United States poses a significant threat to Germany's industrial sector. In 2024, the U.S. was Germany's largest trading partner, with bilateral trade amounting to 253 billion euros (approximately 270 billion dollars).
