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Textiles

Prime Content | 
Germany's exports drop 1.2% in August 2023

07 Oct '23
3 min read
Pic: bms-photo / Shutterstock.com
Pic: bms-photo / Shutterstock.com

Insights

  • In August 2023, Germany's exports declined by 1.2 per cent and imports by 0.4 per cent from July 2023.
  • Compared to August 2022, exports dropped by 5.8 per cent and imports by 16.8 per cent.
  • The country's trade surplus stood at €16.6 billion in August 2023, with significant changes in trade relationships with the EU, US, China, and Russia.
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