China still Germany's top trade partner in first quarter, US close behind
China still Germany's top trade partner in first quarter, US close behind
ReutersWed, May 20, 2026 at 11:56 AM UTC
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German and Chinese flags are displayed at the Diaoyutai State Guesthouse in Beijing, China, 25 February, 2026. JESSICA LEE/Pool via REUTERS
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.
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• 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 KnolleEditing by Tomasz Janowski)
Source: “AOL Money”
