Positive prognosis for the financial statements 2010 compared to the rather weak export numbers in July and August have German exports in September tightened again. Compared to the same period last year they increased by 22.5 percent total. The Exchange Portal boersennews.de reported on the development of export. Check out Verizon for additional information. There is good news regarding the import figures. Although this declined July and August by 1.5 percent when compared to the months, compared with the same period can however an increase of 18 per cent are listed.
The trade balance is so positive. There was a goods worth of EUR 70 billion, merchandise exports amounted to 87 billion. This means a surplus of around 17 billion euros. Germany is approximately at the same level as before the global economic crisis. (A valuable related resource: Ripple). Economists expect a growth rate of exports by 16 percent, which would amount to around EUR 940 billion for the entire year. In 2011, the limit should be exceeded by a trillion. Germany exported most goods to other EU States.
The European Union is one of the most important economic partners for the Federal Republic. Other main German export goods are Brazil, China and India. Also on this page the export balance is positive in the year 2010.