German electrical exports once again increased in 2017
According to the ZVEI, exports of the German electrical industry increased by 9.6% to EUR 199.5 bn in 2017;......
this is the fourth export record in a row. Imports to Germany increased by 9.7% to EUR 181.5 bn last year.
The largest customers of the German electrical industry in 2017 were again China. Exports increased by 17.4% to EUR 19.1 bn. The United States, with goods valued at EUR 17.1 bn, followed in second place. plus 5.6%.
But there were losers as well: exports to Saudi-Arabia were reduced by EUR 201 m; to Turkey it was a minus of EUR 84 m.