Germany Exports MoM

Info

History

Chart

Impact:

Medium

Latest Release:

Date:

Surprise:

-1.2%

EUR

Actual:

-1.4%

Forecast: -0.2%

Previous/Revision:

-1.7%

Period: May

What Does It Measure?

Germany's Exports Month-over-Month (MoM) measures the percentage change in the value of goods exported from Germany relative to the previous month. It primarily focuses on trade performance, key areas such as production levels, demand for German goods abroad, and the health of the manufacturing sector.

Frequency

This report is released on a monthly basis, providing preliminary estimates shortly after the end of each month, typically published around the 7th working day of the following month.

Why Do Traders Care?

Traders pay close attention to Germany's exports MoM because it serves as a critical indicator of economic activity and demand; stronger-than-expected export growth can boost the Euro and increase investor confidence in German stocks. Rapid changes in export levels may also prompt shifts in monetary policy expectations and affect broader market sentiment.

What Is It Derived From?

The exports MoM figure is derived from data collected by national statistics agencies that compile trade statistics from customs declarations and surveyed businesses engaged in exporting. It employs a calculation based on the value of goods leaving the country, ensuring accuracy through methods like monitoring export invoices and refining estimates based on historical trends.

Description

The preliminary report of Germany's exports MoM presents early estimates of trade performance, which are subject to revision in subsequent releases providing final data. Traders typically rely on the MoM metric for assessing immediate fluctuations in trade dynamics, given its ability to highlight short-term shifts in demand and economic momentum.

Additional Notes

This indicator is considered a leading economic measure, as it often predicts future economic activity related to production and consumption trends. Germany’s export performance also offers insights into global demand conditions, making it relevant not just nationally but within the European Union and global trade contexts.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Time	Actual	Forecast	Previous	Surprise
Jul 08, 2025		-1.4%	-0.2%	-1.7%	-1.2%