Testimonials

R W Freight have an excellent booking process for our Swedish export freight

Sweden Groupage Exporter
89517

Fast replies and good communication from staff at R W Freight Services

Norway Groupage Exporter
27362

Exports from Sweden are professional and reliable. RW Freight quickly resolve any queries.

Sweden Groupage Exporter
64274

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

German exports show biggest fall since 2009

Tags: , ,


German exports suffered their worst month since the global recession, raising fears that Europe’s manufacturing powerhouse is being hampered by slowing global demand.
Exports in Europe’s largest economy collapsed by 5.2pc in August. This was their largest drop since January 2009, according to figures from the country’s Federal Statistics Office.

Imports also declined by 3.1pc, which caused the country’s record trade surplus to shrink to €19.6bn from €22.8bn
The summer decline in import – export trade was still larger than the 4pc average drops seen over the same month in 2014. It also far surpassed the 0.9pc drop predicted by analysts.

Falling export numbers come after German factories and industry reported a disappointing August.