empty
 
 
en
Support
Instant account opening
Trading Platform
Deposit/Withdraw

2024.01.0806:44:00UTC+00German Exports Rebound In November

Germany's exports and imports rebounded in November, Destatis said on Monday.

Exports posted a monthly growth of 3.7 percent, reversing a fall of 0.4 percent in October. Shipments were expected to rise moderately by 0.3 percent.

Likewise, imports gained 1.9 percent, following a 1.1 percent decrease. Economists had forecast a 0.2 percent rise.

Consequently, the trade surplus rose to EUR 20.4 billion from EUR 17.7 billion in the prior month. The expected level was EUR 17.9 billion. Year-on-year, exports decreased 4.9 percent, the same pace of drop as logged in October. At the same time, the annual fall in imports softened to 12.1 percent from 14.3 percent.



Can't speak right now?
Ask your question in the chat.