（央视财经《天下财经》）德国经济研究所22日发布报告显示，受美国加征关税影响，2025年前三季 度，德国对美国出口同比下降近8%，德国对美出口规模已回落至低于2022年水平。 报告显示，汽车及零部件对美出口同比下降约15%，机械制造业和化工产品出口分别下滑近10%。相比 之下，2016年至2024年间，德国对美出口保持年均约5%的增长。分析认为，美国今年对来自德国及其 他欧洲国家的商品加征关税，是导致德国对美出口下滑的主要原因。 德国经济研究所分析指出，美国对钢铁、铝及其相关制品征收高达50%的关税，显著推高了德国机械制 造企业的出口成本，成为拖累相关出口的重要因素。化工行业除关税影响外，德国国内能源价格高企导 致产量下降，也在一定程度上削减了出口规模。 专家指出，在美国关税短期难以显著下调的预期下，德国有必要降低对美国市场的依赖，加快开拓南 美、印度和印度尼西亚等新市场，并着力消除欧盟内部的贸易壁垒。同时，应提升德国本土产业的国际 竞争力。 转载请注明央视财经 编辑：令文芳 ...

【环球时报驻德国特约记者 昭东】"德国之声"网站17日报道称，德国联邦贸易与投资署（GTAI）根据2025年前三个季度的官方贸易数据预测，截 至今年年底，德国整体出口额将增长0.6%，达到约1.6万亿欧元，连续第三年与2022年持平；进口额将增长4.4%至1.4万亿欧元左右，这将使得德 国的贸易顺差降至约2000亿欧元，为2012年以来的最低水平（不包括受新冠疫情影响的2020年至2022年）。而且，德国2026年的出口前景依然黯 淡。 中国并非德国出口商面临的唯一难题。根据GTAI的预测，今年德国对美国的出口也将下跌7.3%，略低于1500亿欧元。"到年底，下滑趋势可能会 进一步加速。"GTAI驻华盛顿专家罗兰·罗德警告称，由于在美国针对德国关键出口商品加征关税之前，许多德国公司已将出口计划提前执行，德 国对美国全年出口额可能下降8%至9%。而且德国出口商在2026年将再次遭受美国业务的损失。 数据还显示，德国各行业在2025年面临的出口挑战不尽相同：食品出口预计将增长超过6%，达到创纪录的860亿欧元；化工行业出口预计将略有 增长，尤其是药品和化肥成为支持贸易顺差的主要因素，预计两者的出口增幅均超过3%； ...

Core Viewpoint - Japan's overall exports in May decreased by 1.7% year-on-year, marking the first decline in eight months, primarily due to a drop in automobile exports to the United States [1]. Group 1: Export Performance - Japan's total export value fell to 8.1349 trillion yen in May, with a significant reduction in exports to the U.S. by 11.1%, amounting to 1.514 trillion yen [1]. - Exports of automobiles to the U.S. saw a substantial decline of 24.7%, indicating a notable impact from the additional tariffs imposed by the Trump administration [1]. - The decrease in export volume was only 3.9%, suggesting that the decline in export value was primarily driven by falling prices [1]. Group 2: Trade Balance - The trade balance with the U.S. showed a surplus of 451.7 billion yen, which is a reduction for the first time in five months [1]. - Japan's exports to China also decreased by 8.8%, totaling 1.4417 trillion yen, with declines in semiconductor manufacturing equipment, copper, and hybrid vehicles [1]. - Overall imports into Japan amounted to 8.7726 trillion yen, down 7.7%, marking a consecutive two-month decline [1]. - The trade balance, after subtracting imports from exports, resulted in a deficit of 637.6 billion yen, continuing a trend of deficits for two consecutive months [1].

Core Insights - Iron ore futures prices are declining due to weak steel consumption and a drop in exports, raising questions about whether the market can find new drivers [1] Industry Summary - The decline in iron ore prices is attributed to sluggish demand in the steel sector and reduced export activities [1]

Group 1 - Japan's exports to China decreased by 0.6% year-on-year in April [1] - Exports to the European Union fell by 5.2% [1] - Exports to the United States declined by 1.8% [1]