German exports have exceeded one trillion euros last year for the first time. As reported by the Federal Statistical Office, Germany 2011 goods billion executed in the amount of 1.060,1 - 11.4 per cent more than in the previous year. Imports also reached a new record last year with a value of EUR 902,0 billion. Imports rose compared to the previous year by 13.2 percent. The previous maximum value in regard to imports amounted to EUR 805,8 billion and was reached in 2008.For Germany, Europe is the most important sales market. In the Member States of the European Union were 2011 according to per Federal Office total exported goods worth EUR 627,3 billion - 9.9 percent more than 2010. On the other hand, Germany led products for EUR 572,6 billion from the EU Member States a. This was an increase of 13.8 per cent compared with the previous year. The exports to third countries to compared to 2010 by 13.6 percent, imports from third countries rose by 12.0 Prozent.Insgesamt Germany graduated from the statisticians according to 2011 with a net profit of 158,1 billion euros the balance of trade. A year earlier the surplus was EUR 154.9 billion.2012 Threatens Monetary Union a recession at the end of the year the export sales fell off but still considerably. Compared to the monthly exports were down kalender-and seasonally adjusted in December 2011 4.3 percent. Economists had expected only to a decline of 1.0%. There had been a greater decrease in last during the financial crisis in January 2009. Imports also fell by 3.9 per cent, while an increase of 0.8 per cent was expected. Year over year, exports rose by 5.0 per cent in December. Imports were 5.4 per cent higher than in the previous year. The negative trend will continue probably in the coming year. The German industry and Commerce (DIHK) communicated that the growth is likely 2012 roughly halve. Biggest problem is the euro area countries, in which about 40 percent of German exports go. From there, the industry received nearly seven percent of fewer jobs than in the previous month in December. A recession threatens Monetary Union this year.
Thursday, February 9, 2012
German exports exceed one billion euro mark for the first time
German exports have exceeded one trillion euros last year for the first time. As reported by the Federal Statistical Office, Germany 2011 goods billion executed in the amount of 1.060,1 - 11.4 per cent more than in the previous year. Imports also reached a new record last year with a value of EUR 902,0 billion. Imports rose compared to the previous year by 13.2 percent. The previous maximum value in regard to imports amounted to EUR 805,8 billion and was reached in 2008.For Germany, Europe is the most important sales market. In the Member States of the European Union were 2011 according to per Federal Office total exported goods worth EUR 627,3 billion - 9.9 percent more than 2010. On the other hand, Germany led products for EUR 572,6 billion from the EU Member States a. This was an increase of 13.8 per cent compared with the previous year. The exports to third countries to compared to 2010 by 13.6 percent, imports from third countries rose by 12.0 Prozent.Insgesamt Germany graduated from the statisticians according to 2011 with a net profit of 158,1 billion euros the balance of trade. A year earlier the surplus was EUR 154.9 billion.2012 Threatens Monetary Union a recession at the end of the year the export sales fell off but still considerably. Compared to the monthly exports were down kalender-and seasonally adjusted in December 2011 4.3 percent. Economists had expected only to a decline of 1.0%. There had been a greater decrease in last during the financial crisis in January 2009. Imports also fell by 3.9 per cent, while an increase of 0.8 per cent was expected. Year over year, exports rose by 5.0 per cent in December. Imports were 5.4 per cent higher than in the previous year. The negative trend will continue probably in the coming year. The German industry and Commerce (DIHK) communicated that the growth is likely 2012 roughly halve. Biggest problem is the euro area countries, in which about 40 percent of German exports go. From there, the industry received nearly seven percent of fewer jobs than in the previous month in December. A recession threatens Monetary Union this year.
