Germany’s trade balance at €12.5 billion in October
Germany’s calendar and seasonally adjusted foreign trade balance declined to €12.5 billion in October compared to the previous month, according to a report published by the Federal Statistical Office on Thursday.
Exports monthly increased by 4.1% and achieved an 8.1% growth year-on-year to reach €121.3 billion, while on the other hand, imports surged to €108.5 billion by rising 5% versus October and as much as 17.3% compared to November 2020.
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