Overview

• Exports from Germany's electrical and digital industries reached €21.9 billion in March, a 7.1% year-on-year increase.
• This growth contributed to a quarterly export volume of €63.8 billion, marking a 1.9% rise compared to the previous year.
• US-bound shipments surged by 11.2% to €2.4 billion, partly attributed to pre-emptive exports ahead of anticipated US tariffs.
• ZVEI, the industry association, highlighted this as the strongest monthly growth in two years but cautioned against declaring a sustained recovery.
• Concerns remain over the potential negative impacts of unpredictable US tariff policies, with April data expected to provide further clarity.