Related News
Shipments Outside EU Boost Germany's H1 Exports By 14.7%
Source: Agencies |
September 16, 2011, Friday
|
Print Edition
Print Edition
GERMAN exports rose by an annual 14.7 percent in the first half of this year, driven in part by a healthy increase in the value of goods shipped outside the European Union, official figures showed yesterday.
Exports in January to June totaled 525.6 billion euros (US$721.60 billion), up from 458.3 billion euros in the first six months of 2010. When adjusted for prices, the rise was 10.1 percent.
Second-quarter exports rose an unadjusted 10.8 percent to 264.7 billion euros compared to 238.8 billion euros in the same quarter last year.
Germany, Europe's largest economy, is the world's No. 2 exporter behind China.
The Federal Statistical Office said there was particularly strong growth in exports to non-EU countries, which were up 16.7 percent in the first half of 2011 to 208.3 billion euros.
Turkey led the way with a jump of 45 percent to 10.6 billion euros, then Russia with a 38.7 percent increase to 15.8 billion euros, followed by China with a 25.2 percent climb 31.6 billion euros.
Exports to the United States rose 14 percent to 35.2 billion euros.
The 27-nation EU remained Germany's biggest market, seeing a 13.4 percent rise to an overall 317.3 billion euros in the first half. Within that group, exports to the 17 nations that use the euro currency rose 11.9 percent to 214.7 billion euros.
First-half imports rose 16.4 percent, or 7.3 percent in price-adjusted terms, to 446.5 billion euros.
Exports in January to June totaled 525.6 billion euros (US$721.60 billion), up from 458.3 billion euros in the first six months of 2010. When adjusted for prices, the rise was 10.1 percent.
Second-quarter exports rose an unadjusted 10.8 percent to 264.7 billion euros compared to 238.8 billion euros in the same quarter last year.
Germany, Europe's largest economy, is the world's No. 2 exporter behind China.
The Federal Statistical Office said there was particularly strong growth in exports to non-EU countries, which were up 16.7 percent in the first half of 2011 to 208.3 billion euros.
Turkey led the way with a jump of 45 percent to 10.6 billion euros, then Russia with a 38.7 percent increase to 15.8 billion euros, followed by China with a 25.2 percent climb 31.6 billion euros.
Exports to the United States rose 14 percent to 35.2 billion euros.
The 27-nation EU remained Germany's biggest market, seeing a 13.4 percent rise to an overall 317.3 billion euros in the first half. Within that group, exports to the 17 nations that use the euro currency rose 11.9 percent to 214.7 billion euros.
First-half imports rose 16.4 percent, or 7.3 percent in price-adjusted terms, to 446.5 billion euros.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
