US remains by far the top market for German exports

While Trump is attacking democracy in the US, the AfD is on the rise in Germany. Author Michael Kraske reports on the courage and drive of civil society, but also setbacks. A comment. The daily news hail increasingly feels like a natural disaster that cannot be escaped. Trump's tariffs are shaking the global economy. In the US,... Source

Germany’s Make-or-Break Moment | by Daniela Schwarzer - Project Syndicate

As US President Donald Trump shatters the West’s unity and upends the world economy, Germany must step up quickly to protect its interests and those of Europe. Fortunately, the incoming coalition government, led by Friedrich Merz, seems up to the task, so long as it demonstrates the resolve to follow through with fundamental reforms.

Even though Donald Trump has suspended the punitive duties for the time being, they create uncertainties worldwide. A German world market leader has therefore put a project in the US on hold for the time being.

The export statistics for 2024 are available and it makes clear that the US market is not as important for the German economy as it has been for 20 years. The pharmaceutical industry in particular benefits from intensive trade with the USA.

US remains by far the top market for German exports

Germany exports more goods to the US than to any other country in the world. While trade ties remain robust, Trump's tariff policies pose a major challenge.

The United States was also the most important sales market for the German export industry last year. According to the Federal Statistical Office, about one-tenth of all exports to the United States went to the United States - which is the highest value in more than 20 years.