New record for the German foreign trade – FAZ – Frankfurter Allgemeine Zeitung

port of Hamburg: Never before has exported more

German foreign trade experienced in 2015 another record year. The Federal Statistical Office announced on Tuesday, exports increased year on year by 6.4 percent, imports rose by 4.2 percent. We exported goods worth about 1.196 billion euros, imports rose to 948 billion euros. So, the previous levels were surpassed in the year, 2014.

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The trade balance, juxtaposes exports and imports, closed with a record: on the plus side were at the end of the year 247 800 000 000 euro. Thus, the maximum value of 213.5 billion euros from the previous year was clearly exceeded. In 2013, the foreign trade balance had stood just under 200 billion euros.

The majority of exported goods went to other EU Member States. Thither 2015, Germany dispatched commodities to the value of 693.9 billion euros and related goods worth 621.6 billion euros from there in the year. Opposite 2014 exceeded exports in EU countries by 7 per cent. Exports to third countries increased by 5.6 percent.

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