exports

News aus der Elektroindustrie

05
Jul

According to the ZVEI, exports of the German electrical industry rose by 3.8% in April 2019 compared with the previous year to 16.8 bn EUR....

According to the ZVEI, exports of the German electrical industry rose by 3.8% in April 2019 compared with the previous year to 16.8 bn EUR, whereby deliveries to the individual countries must be differentiated. For the entire period from January to April, exports stood at 71.5 bn EUR, and exceeded last year by 5.3%.

Imports of electrical products to Germany increased more than exports. Between January and April, they increased by 6.8% to 65.1 bn EUR.

From January to April, exports to the industrial countries increased by 5.3% to 46.5 bn EUR, while those in the euro area increased by 6.1% to 23.5 bn EUR.

Exports to China increased by 9.1% over the previous year to 1.8 bn EUR. Business with Russia increased 10.1% to 354 m EUR.

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German industry is expecting exports to rise, with the stable state of the economy in the United States....................

German industry is expecting exports to rise, with the stable state of the economy in the United States....................

and the enormous devaluation of the euro playing the decisive role.

According to the IFO’s president Sinn exports are the most important pillar of the German economy.

In practically all sectors export expectations have risen, with companies in machine building in particular entering the new year with high hopes. There has also been an increase in new orders from abroad from the metal and pharmaceutical industries.

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In March 2015 goods to the value of EUR 107.5 bn were exported from Germany and goods to the value of EUR 84.5 bn imported.

In March 2015 goods to the value of EUR 107.5 bn were exported from Germany and goods to the value of EUR 84.5 bn imported.

For both exports and imports respectively these were the highest monthly value measured.

As the Federal Bureau of Statistics further reports on the basis of preliminary results, this means that exports were 12.4% higher and imports 7.1% higher in March 2015 than in March 2014.

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After the drop at the beginning of the year German exporters delivered more goods all over the world again in February, with exports climbing by 3.9% in comparison with the same month last year to EUR 95.7 bn, as reported by the Federal Statistics Office in Wiesbaden.

After the drop at the beginning of the year German exporters delivered more goods all over the world again in February, with exports climbing by 3.9% in comparison with the same month last year to EUR 95.7 bn, as reported by the Federal Statistics Office in Wiesbaden.

Imports rose less quickly by 0.8% to EUR 76.5 bn. Experts anticipate that German exporters are also heading for a record year again in 2015 due to the weak euro, with the foreign trade association BGA predicting a 4.5% increase in exports for this year.

In February exporters delivered considerably more goods “made in Germany” to countries outside the Eurozone in particular.

Exports to EU countries which like England and Poland do not belong to the eurozone climbed by 6.4% in February in the annual comparison to EUR 20.9 bn.

There was a slightly weaker, but also positive development in trade with partner countries in the eurozone, where exports rose by 1.7% to EUR 35.6 bn.
 

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