Trademagazin > News and articles > Market News > Eastern Europe is the safest market for German exports
Eastern Europe is the safest market for German exports
Amid the global economic recession caused by the coronavirus pandemic, Eastern Europe proved to be a stable support for the German export economy, according to a report by Ost-Ausschuss, a representative organization of German companies operating in Eastern Europe – vg.hu wrote.
The exports of German companies to Eastern Europe increased by 1.7 percent year-over-year to 58 billion euros in the first quarter, while total German exports decresed by 3.3 percent year-on-year in January-March. (vg.hu)
Related news
Aldi Süd Opens Mixed-Use Property Near Karlsruhe
Discounter Aldi Süd has developed a mixed-use property in Waldbronn…
Read more >Germany’s REWE to open a vegan store this spring
According to a report published on Plant Based News, REWE…
Read more >Card payments continue to grow in Germany
According to data from the EHI research centre, card payments…
Read more >
More related news >
Related news
KSH: Gross average earnings were HUF 605,400 in February 2024, 14.0 percent higher than a year earlier
In February 2024, the gross average earnings of those employed…
Read more >Sándor Czomba: 566 micro, small and medium-sized enterprises receive capacity-building support
566 people successfully applied for the capacity expansion support aimed…
Read more >UN: worldwide food insecurity continued to increase last year
The insecurity of the food supply has increased further in…
Read more >