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China is Germany's Top Q1 Trade Partner, US Close Behind

BERLIN, May 20 (Reuters) - China remained Germany's biggest trading partner in the first quarter of 2026, but only narrowly ahead ​of the United States as German exports to ‌China fell sharply, according to new calculations.

The figures are based on calculations by Reuters and Germany Trade & Invest (GTAI) using preliminary January-March ​data from the Federal Statistics Office.

• Total trade ​in goods with China in the first quarter ⁠was €61.5 billion ($71.33 billion), ahead of €60 billion with the ​United States and €52.8 billion with the Netherlands. China only pushed ​past the United States as Germany's top trade partner in 2025.

• "Over the course of the year, the United States could move back ​ahead of China," GTAI expert Christina Otte said, ​referring to the small gap between the two countries.

• German exports to ‌China ⁠fell 12.5% to €18 billion in the first quarter, pushing China down to ninth place among buyers of German goods and risking a drop out of the top ​10 this year, ​according to ⁠GTAI.

• Imports from China rose 6.4% to €43.5 billion and could rise further, Otte said, ​for example if Chinese EV makers benefit ​from ⁠new subsidies in the German market.

• Exports to the U.S. fell by 12% to about €36 billion. The United States ⁠remained the ​biggest market for German goods, ​ahead of France with €31.4 billion and the Netherlands with €29.1 billion.

($1 = 0.8621 euros)

Reporting ​by Rene Wagner, writing by Kirsti Knolle Editing by Tomasz Janowski

Source: Reuters


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