Advertisement

Germany breaks its own export record

The Local Germany
The Local Germany - [email protected]
Germany breaks its own export record
Record breakers. Photo: DPA

Germany's manufacturers shrugged off world crises and Russian sanctions to export a record amount in September.

Advertisement

Europe's top economy exported goods and services valued at €102.5 billion and imported €80.6 billion over the month.

That broke an export record set in July this year of €101.1 billion, Federal Statistics Office Destatis said on Friday. 

Exports were up 8.5 percent on September last year and imports rose by 8.4 percent.

The figures will come as welcome news to Germany's economy which has been under a cloud of poor data in recent weeks.

Germany had a trade balance of plus €21.9 billion in September in unadjusted terms. 

Exports to other EU countries were worth €58.6 billion, up 7.1 percent on September 2013.

But exports to the struggling Eurozone showed a smaller rise of 3.4 percent compared to last September.

Countries outside of the EU imported 10.5 percent more German goods and services.

SEE ALSO: German exports to Russia dive by a quarter

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also