Home breadcru News breadcru Import/Exports breadcru Nov sees mixed results in German exports to non-EU countries

Nov sees mixed results in German exports to non-EU countries

25 Dec '23
1 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In November 2023, Germany's exports to non-EU countries slightly increased by 1.0 per cent month-on-month to €59.2 billion but decreased 5.1 per cent year-on-year, showing mixed results.
  • Original values also fell by 4.7 per cent in November compared to the previous year, totalling €63.4 billion, as reported by the Federal Statistical Office.
Germany's exports to third countries, or countries outside the European Union, have shown mixed results in November 2023, according to the Federal Statistical Office (Destatis).

According to the latest provisional data, the calendar and seasonally adjusted exports of goods to these nations amounted to €59.2 billion. This reflects a modest increase of 1.0 per cent from the previous month, but a decrease of 5.1 per cent from November 2022.

In terms of original values, German exports to third countries were reported at €63.4 billion, marking a 4.7 per cent fall from the same month in the previous year, Destatis said in a press release.

ALCHEMPro News Desk (KD)

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