德国对美出口因关税显著下滑

Core Insights - The report from the German Economic Institute indicates that German exports to the United States are expected to decline by nearly 8% year-on-year in the first three quarters of 2025 due to increased tariffs imposed by the U.S. [1] Export Performance - The decline in exports is primarily driven by the automotive, chemical, and machinery sectors, which account for nearly 70% of the total export drop [1] - Exports of automobiles and parts to the U.S. have decreased by approximately 15%, while machinery and chemical product exports have fallen by nearly 10% each [1] Historical Context - The scale of German exports to the U.S. has now fallen below the levels seen in 2022, contrasting with an average annual growth rate of about 5% from 2016 to 2024 [1] Tariff Impact - The high tariffs imposed by the U.S., reaching up to 50% on steel, aluminum, and related products, have significantly increased export costs for German machinery manufacturers, contributing to the decline in exports [1] - In addition to tariffs, high domestic energy prices in Germany have also led to reduced production in the chemical sector, further impacting export volumes [1] Strategic Recommendations - In light of the expectation that U.S. tariffs will remain high in the short term, it is essential for Germany to reduce its reliance on the U.S. market and accelerate the exploration of new markets in South America, India, and Indonesia [1] - There is a need to focus on eliminating trade barriers within the European Union and enhancing the international competitiveness of German industries [1]