German Dec 2023 Exports Down 4.6% - destatisGerman Dec 2023 Exports Down 4.6% - destatis

(Wiesbaden, Germany) — In December 2023, German exports decreased by 4.6% compared to November 2023 and by 4.6% compared to December 2022. For the entire year of 2023, exports decreased by 1.4% compared to the previous year. Imports also decreased in December 2023, by 6.7% compared to November 2023 and by 12.4% compared to December 2022. For the entire year of 2023, imports decreased by 9.7% compared to the previous year. The trade balance in December 2023 was a surplus of 22.2 billion euros, and for the entire year of 2023, it was a surplus of 209.6 billion euros.

By Silvia Orfeo

Silvia Orfeo is a Sr. Politics and Economics Reporter at Nobot.News

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