German exports to the United States saw a significant boost in February, as companies prepared for the possibility of tariffs following U.S. President Donald Trump’s tariff announcements.
This marks the first time in nearly a decade that the U.S. became Germany’s largest single trading partner, surpassing China.
In February, exports to the U.S. rose by 8.5% compared to the previous month, reaching €14.2 billion, according to Germany’s Federal Statistical Office. This increase is part of a broader rise in German exports, which grew by 1.8% to €131.6 billion overall, including trade with other EU nations.
Germany, Europe’s largest economy and a leading exporter, shipped a variety of goods to the U.S., including vehicles, pharmaceuticals, machinery, electrical equipment, and chemicals. On the other hand, the U.S. exports vehicles, mineral fuels, chemicals, machinery, and pharmaceuticals to Germany.
The head of Germany’s exporters association, BGA, cautioned that the February export spike was likely driven by “anticipatory effects” ahead of the anticipated tariffs. He emphasized the need for Germany and the EU to adapt to the changing global trade landscape. “Germany and the EU must quickly find their role in the new world order and approach the global South with pragmatic offers,” said BGA head Jandura. He also noted that the tariffs could offer Europe a unique opportunity to position itself as a reliable and trustworthy partner in global trade.
Meanwhile, global stock markets continue to react to Trump’s tariff policies, with European and Asian indexes falling and U.S. markets showing early signs of volatility. As businesses and investors await the next developments, there is a sense of caution in the air.