| Germany's exports drop 1.2% in August 2023
07 Oct 23 3 min read
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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