Germany posts record exports and imports for 2017

Germany posts record exports and imports for 2017”

The figures marked new all-time records for both exports and imports, with shipments overseas rising by 6.3 percent.

According to the latest report issued by the Federal Statistical Office (Destasis), German exports in 2017 constituted some €1,279.4bn, marking a staggering 6.3 percent rise in comparison with 2016.

German exports rose 0.3 percent month-on-month in December, slower than the 4.1 percent increase seen in November, figures from Destatis revealed Thursday. Likewise, imports advanced 5 percent after climbing 8.2 percent. Exports to the European Union, at 750 billion euros, accounted for well over half the total.

More news: Omarosa Compares Backstabbing Atmosphere Of 'Celebrity Big Brother' To The White House

Germany exported goods at a record pace in 2017 thanks to the acceleration in global growth, while imports into the eurozone's biggest economy also hit an all-time high as domestic demand increased. Germany's export strength has brought the country criticism from overseas.

The gave a foreign trade surplus of €244.9bn in 2017, just shy of 2016's all-time high of €248.9bn.

"The discussion about the German trade surplus should ease up" because imports rose faster than exports, said the director general of the Federation of German Industries, Joachim Lang. However, shipments were expected to fall 1%.

Like this



08 February 2018
Toyota Tundra TRD, 4Runner TRD, Tacoma TRD Pro just got meaner
Inside, the TRD Pro will have unique floormats and leather-trimmed seats as well as TRD Pro logos inside and out. Toyota wants to change the pickup game with the 2019 Tundra TRD , 2019 4Runner TRD and 2019 Tacoma TRD Pro.

08 February 2018
PyeongChang 2018, cerimonia di benvenuto al Villaggio, per l'Italia Team
Nessun atteggiamento da star ma un'unica grande famiglia, in perfetto spirito a cinque cerchi. Si potrà vivere al meglio il momento olimpico indovinando il GIOCO DEI PODI di Neveitalia .

08 February 2018
Noble (NE) Receives News Sentiment Score of 0.21
The ADX alone was created to measure trend strength. (NYSE:NBL) shareholders before Feb 9, 2018 will receive the $0.10 dividend. What do the trading volumes reveal? The shares were sold at an average price of $28.80, for a total transaction of $219,484.80.

08 February 2018
Uncertainty Over Deepika Padukone - Shahid Kapoor's Padmaavat Release In Indore, Bhopal
Shobha Sant, the CEO of Sanjay Leela Bhansali's Production confirmed the news and Tweeted, " This is what we have been wanting to hear ".

08 February 2018
1-800-Ask-Gary founder Kompothecras charged with DUI
Kompothecras then told the deputy that he had wine at the Hard Rock casino in Tampa before he left over an issue with his wife. A county deputy reported a Silver Porsche pass him at more than 100 miles per hour around 1:40 a.m.

08 February 2018
Fort LP Buys Shares of 35918 QUALCOMM, Inc. (NASDAQ:QCOM)
Finally, ValuEngine lowered shares of QUALCOMM from a "buy" rating to a "hold" rating in a research note on Tuesday, January 16th. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) earned "Outperform" rating by RBC Capital Markets on Monday, November 23.

08 February 2018
Renamed Atrium Health plans to combine with another southern hospital system
Atrium Health is an underwriter with WFAE . "Our vision is to be the first and best choice for care". Atrium is also looking to combine forces with UNC Health Care, based in Chapel Hill, N.C.

08 February 2018
Trackers Dbx MSCI Banglade (XBAN.L) Shares Needle Moving 0.00%
A reading under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. Keeping a balanced and diversified portfolio can help manage the risk associated with investing in the stock market.

08 February 2018
Freemason leader says organisation has been 'stigmatised'
There are about 200,000 male Freemasons and 4,700 female Freemasons in the United Kingdom , with many lodges open only to men. Anyone with questions for Dr Staples can write to: Freemasons' Hall, 60 Great Queen Street, London WC2B 5AZ.

08 February 2018
Snowboarding - Ormerod out of the Games with broken heel
Last year Ormerod broke her back in training ahead of the World Championships in Spain but went on to make a rapid recovery. Taking to Instagram, Ormerod uploaded a picture of her in hospital with a huge cast around her right leg.