German trade higher than before the outbreak of the corona crisis

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German trade higher than before the outbreak of the corona crisis

Photo: ANP

Exports from Germany, Europe’s largest economy, rose in October after falling in the previous two months. According to the German Federal Statistical Office, the export and import of the Netherlands’ main trading partner was higher than in February last year, before the outbreak of the corona crisis.

Exports rose by 4.1 percent in October compared to September, to a total value of 121.3 billion euros. More than half of that export amount concerns German-made goods that were exported to other countries of the European Union. The rest goes to countries elsewhere in the world. German imports increased by 5 percent to 108.5 billion euros. More than half of the imports come from other EU countries.

Over the first ten months of this year, more than 1132 billion euros worth of items made in Germany were exported, an increase of almost 14 percent compared to the same period a year earlier. Imports increased by almost 16 percent to more than 977 billion euros.

German trade higher than before the outbreak of the corona crisis
Source link German trade higher than before the outbreak of the corona crisis

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