---
title: Germany is losing its edge on trade. The country’s share in global trade has been shrinking since 2017, w/losses accelerating after 2021, according to Bundesbank.
description: "Over three-quarters of the decline from 2021 to 2023 was due to falling competitiveness – not Trump’s tariffs\n\nSource: HolgerZ, Bloomberg"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Germany is losing its edge on trade. The country’s share in global trade has been shrinking since 2017, w/losses accelerating after 2021, according to Bundesbank.](https://blog.syzgroup.com/syz-the-moment/germany-is-losing-its-edge-on-trade.-the-countrys-share-in-global-trade-has-been-shrinking-since-2017-w/losses-accelerating-after-2021-according-to-bundesbank)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jul 16, 2025, 8:52:15 AM

[View full post](https://blog.syzgroup.com/syz-the-moment/germany-is-losing-its-edge-on-trade.-the-countrys-share-in-global-trade-has-been-shrinking-since-2017-w/losses-accelerating-after-2021-according-to-bundesbank)

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