Foreign trade - Saxony-Anhalt's foreign trade shrinks
The economy in Saxony-Anhalt exported significantly less in the first nine months of this year. Goods worth 16.7 billion euros were exported to other countries, 9.6 percent less than in the same period last year, according to the State Statistical Office in Halle on Thursday. Imports also fell. Goods worth 17.8 billion euros were imported into Saxony-Anhalt. This corresponds to a drop of 5.9 percent compared to the first three quarters of 2022. These are preliminary results of the foreign trade statistics.
Press release Saxony-Anhalt State Statistical Office
Read also:
- A clan member is punished here
- Traffic lawyer warns: Don't talk to the police!
- Will he be convicted as Jutta's murderer after 37 years?
- He also wanted to kill his cousin
The decline in foreign trade significantly impacted Saxony-Anhalt's economic statistics, with exports decreasing by 9.6% to 16.7 billion euros and imports also lower by 5.9% to 17.8 billion euros in the first nine months compared to the previous year, as indicated by the foreign trade statistics from the State Statistical Office in Saxony-Anhalt. As a result, Saxony-Anhalt's role in global trade is currently undergoing significant changes.
In light of these trade numbers, there is a potential impact on Saxony-Anhalt's foreign investment and economic growth prospects, and it would be interesting to explore how Saxony-Anhalt can diversify its trading partners and bolster its presence in the global market using international cooperation and trade agreements.
Source: www.stern.de
