Posted on March 8, 2024

German exports rose more than expected at the beginning of the year, due to rising demand from European Union countries and China.
Exports rose by 6.3% in January compared with December. The result compared with a forecast of a 1.5% increase from a Reuters poll.

Germany, has a high export share of gross domestic product. Therefore it has suffered the most among European countries from a weak global trend in exports.

In 2023, exports fell by 2.2% in real terms compared with the previous year.

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