Electrical industry satisfied with 9 months

As the ZVEI has reported, exports of the German electrical industry rose by 7.2% in the first three quarters 2015........

in comparison with last year to EUR 128.4 bn, with September exceeding its last year’s level by 4% with EUR 15.1 bn.

Imports to Germany rose even more sharply in the first nine months of this year by 12.6% in comparison with 2014 to EUR 117.5 bn.

Exports to the Eurozone rose from January – September to EUR 40 bn (+5%) and exports to countries outside the Eurozone also grew strongly. In September the sharpest increase was to Poland and Rumania, while the heaviest drops were to Russia (-29.2%), Brazil (-14.7%) and China (-7.7%).