German Export Growth Forecast Cut to Zero for 2026
The German Chambers of Industry and Commerce lowered its export growth forecast from 1.0% to zero as the Iran war creates global uncertainty. A survey of 4,500 firms shows that 46% now view high energy prices as a major risk while 40% report supply chain disruptions.
The German Chambers of Industry and Commerce (DIHK) cut its 2026 export forecast to 0%, down from a previous 1.0% growth target. This revision follows a survey of 4,500 Germany firms operating abroad as the conflict involving Iran disrupts trade. Stagnating exports in Europe's largest economy signal prolonged supply chain volatility and higher input costs for global manufacturing investors.
### Energy Costs and Supply Chain Snarls DIHK head of foreign trade Volker Treier said on Tuesday midday that the global economy has entered a crisis mode that directly impacts corporate operations. High energy prices are a primary risk for 46% of surveyed firms, more than double the level recorded in late 2025. Supply chain disruptions affect 40% of companies, while 37% cited the cost of raw materials as a major business hurdle.
