German exports fell by 1.6 percent and imports by 6.2 percent in the first half of this year
Germany’s exports and imports decreased in the first six months of this year compared to the same period last year, the German statistical office Destatis announced on Monday.
German exports fell by 1.6 percent to 801.7 billion euros in the first half of this year compared to the same period last year. In the six months under review, Germany imported EUR 662.8 billion, which was 6.2 percent less than in the first six months of 2023.
Germany’s foreign trade balance showed a surplus of 138.8 billion euros in the first half of this year, 28.7 percent higher than the 107.9 billion euros a year earlier.
Germany’s most important export products were motor vehicles and motor vehicle parts, of which it exported 135.3 billion euros. Compared to the first half of last year, vehicle exports fell by 2.4 percent. Machines came in second place with a value of 109.6 billion euros, which is 4.4 percent less than a year earlier.
Related news
ZEW: Economic sentiment in Germany improved in September
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Inflation accelerated in Germany in August
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Store visit at Rewe Ready in Germany
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
Dea Frankó Csuba at the Inno d’Or conference: a future that can be shaped
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Chinese platforms accelerate warehouse growth across Europe
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The Ministry of Agriculture and Metro Trading Ltd. signed a cooperation agreement
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >