US tariff policy could impact Germany’s long-term growth prospects
Germany could face substantial economic adjustment costs and reduced long-term growth prospects in the event that US tariffs take full…
Exports
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What EU country is the largest exporter of pharmaceutical products?
Germany is the largest extra-EU exporter of medicinal and pharmaceutical products, with €67.9 billion of exports recorded in 2024, new…
Japan a promising market for German businesses, study finds
More than four fifths (82%) of German companies doing business in Japan generated profits last year, with close to a…
European Union registered a €147bn trade surplus last year
The European Union registered a trade in goods surplus of €147 billion last year, a €113 billion increase on the…
The EU had a €5.4 billion trade deficit with the rest of the world in January
The European Union had a €5.4 billion trade deficit with the rest of the world in January 2025, compared to…
The EU exported €5.4bn worth of iron and steel to the United States last year
As the Trump administration introduces 25% tariffs on all steel and aluminium imports to the US, new data from Eurostat…
What are the most traded goods between Europe and the United States?
Medicinal and pharmaceutical products accounted for 22.5% of all goods exported from Europe to the United States in 2024, the…
Hungary’s GDP increased marginally in the fourth quarter of 2024
Hungary‘s GDP reported a 0.4% increase in the fourth quarter of last year, according to raw data, and a 0.1%…
Services exports in European Union led by large enterprises
Large enterprises, i.e those with 250 or more employees, accounted for 56% of the overall services exports from the EU…
The United States is now Germany’s most important trading partner
The United States overtook China last year to become Germany‘s most important trading partner, new figures from Destatis, the German…