German foreign trade broke all records last year

The value of Germany’s exports and imports has risen to all time record level last year, reflecting the strong growth of the German economy and the world economy.

According to preliminary figures published on Thursday by the German statistical office (Destatis), the German export value was 1279.4 billion euros last year, while import reached 1034.6 billion euros, which is an increase of 6.3 percent and 8.3 percent, compared to last year’s record. (MTI)