The Federal Statistical Office of Germany has reported a decline in German exports and imports for the year 2024.
Exports decreased by 1% year-over-year, while imports saw a more significant drop of 2.8% compared to the previous year. Germany exported goods valued at approximately €131.7 billion ($135.8 billion) in 2024, demonstrating a slight contraction in international trade. The decline in imports, on the other hand, suggests a potential shift in domestic demand and consumption patterns. RW Freight closely monitors these economic indicators to provide its clients with accurate insights and efficient logistics solutions in the face of evolving market conditions.