German Record Imports And Exports
May 9, 2012 by Douglas A. McIntyre
Despite the fact that much of Europe is crumbling around it, Germany posted recent highs for both imports and exports in March. Demand from the US and developing markets must be good. The topline numbers in the report indicated that was the case. Many of Germany’s neighbors are nearly bankrupt. Germany’s federal statistics bureau reported:
Germany exported commodities to the value of Euro 98.9 billion and imported commodities to the value of Euro 81.5 billion in March 2012.
As further reported by the Federal Statistical Office (Destatis) on the basis of provisional data, these were the highest monthly figures ever recorded for exports and imports (both previous all-time highs recorded in March 2011).
Compared with March 2011, German exports increased by 0.7% and imports by 2.6% in March 2012. Upon calendar and seasonal adjustment, exports increased by 0.9% and imports by 1.2% compared with February 2012.
Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)
Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.
Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.
Click here now to get started.