Germany s exports in November 2023 increased by 3 7 month on month

Mondo Finance Updated on 2024-01-31

**: China News Network.

Berlin, January 8 (ZXS) -- According to data released by the German Federal Statistical Office on the 8th, Germany's exports increased by 3% month-on-month in November 2023 after working days and seasonally adjusted7%, and the import value increased by 19%。

According to the report, experts had expected Germany's exports to increase by 03%。3.7% was the largest month-on-month increase in German exports since February 2022.

According to the data, Germany's exports in November were 131.2 billion euros and imports were 110.8 billion euros, resulting in a surplus of 20.4 billion euros.

Germany's exports to EU countries in November amounted to 71.5 billion euros, up 5 percent month-on-month4%;Imports amounted to 58.9 billion euros, up 28%。Germany's exports to non-EU countries amounted to 59.7 billion euros in November, up 1. month-on-month8%;Imports amounted to 51.9 billion euros, up 08%。

Germany had the largest exports to the U.S. in November, down 1. month-on-month4% to 13.4 billion euros;Exports to China increased by 31% to EUR 8.1 billion. Germany imported the most from China in November, up 31% to 13 billion euros.

Germany's exports to Russia rose 12 percent month-on-month in November8% to 700 million euros;Imports from Russia fell by 14 percent month-on-month0% to 200 million euros.

Overall, the weak global economy continues to dampen demand for German products and put pressure on foreign trade, German media said. In the first 11 months of 2023, the value of German exports of goods fell by 11% to 144 trillion euros.

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