Interviews
Germany's goods exports up 10.8% YoY in July 2022
13 Sep '22
1 min read
Pic: Shutterstock
Germany exported goods to the total value of €127.6 billion in July 2022, which was a 10.8 per cent increase compared with July 2021. Exports to Russia dropped by 56.8 per cent to €1 billion over that period as a consequence of the war in Ukraine and the sanctions imposed on Russia, according to the Federal Statistical Office (Destatis).
In contrast, exports to the United States, the most important destination of German exports, increased by 14.6 per cent to €12.4 billion.
Other important trading partners in terms of exports were France and the Netherlands. German exports to France increased by 12.7 per cent over the same period, amounting to €9.5 billion, while that to Netherlands rose 12 per cent to reach €9.2 billion in July 2022, as per data released by Destatis.
Fibre2Fashion News Desk (KD)
Popular News
Leave your Comments
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
