In April, German exports displayed a growth trend.
Last April, Germany shipped out goods valued at 74.1 billion euros to fellow EU countries, a 1.2% increase over March. Merchandise destined for countries outside the EU also rose 2.0% to 62.4 billion euros.
The US remained the primary recipient of German exports, although shipments were 1.2% lower than in March. China saw a slight 0.8% rise in purchases, while the UK skyrocketed with a 15.4% increase.
Germany's imports swelled 2.0% in April from the previous month, but when compared to the same month in the past, overall imports dipped 0.6%. China dominated as the largest source, accounting for 12.8 billion euros. Germany's total imports came to 115.4 billion euros, resulting in a positive trade balance in April.
Read also:
In the previous April, exports to the EU totaled 74.1 billion euros, marking a 1.2% increase from March. This growth trend in German exports was reported by Destatis, the German Federal Statistical Office. Compared to the same month in the previous year's month, EU exports witnessed a slight decrease. China, specifically, showed a 0.8% increase in German exports in the last April. These statistical data were compiled by Destatis, which monitors international trade figures for Germany and the EU.