German exports have increased

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Foreign trade

German exports have increased

German exports rose in June for the third month in a row. You look at the first half of the year, a Plus of 1.4 percent. Of the records in 2015 is a lot.

The value of exports climbed by 1.2 percent compared to the same month last year to 106,8 billion Euro, as the Federal Statistical office in Wiesbaden announced on Tuesday.

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Imports increased slightly by 0.3 percent and reached a value of 82.0 billion euros. Thus, the foreign trade surplus amounted to nearly 25 billion euros. Compared to the previous month, exports in June increased by 0.3 percent and imports by 1.0 percent.

The first six months

You look at the first half of the year, Goods to the value of well-603 billion Euro went according to figures from the Federal Statistical office abroad. The were 1.4 percent more than in the same period in the prior year. In the first six months of 2015, it had a Plus of more than seven percent.

Was driven the business this year, especially from exports to member countries of the EU. The strongest growth of 5.0 percent, exports to the EU countries not belonging to the Euro-zone reported. The demand from countries outside the Union, however, declined from January to June. Not only the huge Chinese market is weakening, also a former hopefuls such as Brazil stuck in the recession.

The increase in imports was from January to June, with 4.7 percent of the largest EU countries that do not belong to the Eurozone. Imports from third countries to Germany declined in the period by 3.2 per cent.

In the past year, Germany’s exports had broken your boosted by the weak Euro all records. Goods to the value of 1195,8 billion euros went abroad. The best brand from the previous year was exceeded by 6.4 percent.

iw/ul (dpa, afp, rtr)