German Trade Surplus Falls to €15.6 Billion

Trade balances showed mixed pressures across China and Europe. China’s October surplus fell to $105.28 billion from $133.53 billion in September, as imports surged 41.6% and exports rose 35.2%; stronger domestic demand for AI-related components and continued overseas demand for electronics, metals and electric vehicles shaped the gains. Germany’s September surplus narrowed to €15.6 billion as imports grew 4.2%, outpacing a 2% rise in exports, although exports to the EU increased while shipments to China, the U.S. and the U.K. declined. Finland recorded a €1.2 billion goods-trade deficit in September and a €4 billion deficit over January–September, even as exports continued to grow, led by metals, machinery and electrical products.