Germany posts $20 bn trade surplus with US in Q1 2025
In Q1 2025, Germany posted a €17.7 billion (~$20 billion) export surplus with the US—it’s highest with any trading partner—before new US tariffs took effect. Exports to the US totalled €41.2 billion (~$46.6 billion), while imports were €23.5 billion (~$26.6 billion). The surplus was €4.8 billion (~$5.4 billion) higher than with France (€12.8 billion or ~$14.5 billion).
In Q1 2025, Germany posted a €17.7 billion (~$20 billion) export surplus with the US—it’s highest with any trading partner—before new US tariffs took effect.
Exports to the US totalled €41.2 billion (~$46.6 billion), while imports were €23.5 billion (~$26.6 billion).
The surplus was €4.8 billion (~$5.4 billion) higher than with France (€12.8 billion or ~$14.5 billion).
