Arab Today, arab today german exports surge despite eurozone slump
Last Updated : GMT 07:05:25
Arab Today, arab today
Arab Today, arab today

German exports surge despite eurozone slump

Arab Today, arab today

Arab Today, arab today German exports surge despite eurozone slump

Berlin - DW

German overseas\' exports more than offset a sharp drop in demand from debt-stricken eurozone countries in the first half of 2012. Strong demand from the US, China and Russia helped Germany stave off a recession. German exports posted a solid gain between January and June, rising by 4.8 percent to a total volume of 550.5 billion euros ($690.8 billion), according to data released by the German Statistics Office Thursday. But while exports by Europe\'s biggest economy to nations outside the European Union surged by 11.1 percent, they grew only a meager 0.7 percent in relation to the 27-nation bloc. Germany\'s key European trading partners took in exports worth 319.1 billion euros in the first half of 2012. By comparison, German goods and services shipped overseas grew to 231.4 billion euros, increasing the share of so-called non-EU states in the country\'s overall export volume to 42 percent, compared with 39.7 percent in the same period a year ago. Demand from the crisis-hit eurozone even dropped, as the 17 nations comprising the currency area bought 1.2 percent fewer German products at a total value of 211.6 billion euros. This included a 14.3 percent drop in exports to Portugal, and a decline of 9.2 percent for Greece. German exports to Italy and Spain also fell by 8.2 percent and 9.4 percent respectively. The decline was compensated by robust demand for German goods from countries such as the United States, China, Russia and Japan. Exports to the US rose 18.6 percent, while China imported 8.6 percent more from Germany. Deliveries to Japan jumped a staggering 19.9 percent, as exports to Russia grew 14.8 percent. Economists said Germany\'s ongoing export boom had helped the country avoid the type of recession that had been holding many of its fellow eurozone members in a tight grip since the beginning of the year.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german exports surge despite eurozone slump Arab Today, arab today german exports surge despite eurozone slump

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today german exports surge despite eurozone slump Arab Today, arab today german exports surge despite eurozone slump

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today unveils Joon - the 'millenials' airline

GMT 13:36 2017 Saturday ,23 September

unveils Joon - the 'millenials' airline
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iran tests new medium-range missile

GMT 21:24 2017 Saturday ,23 September

Iran tests new medium-range missile
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Carmakers face billions in European

GMT 12:37 2017 Saturday ,23 September

Carmakers face billions in European
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Big Western brands polluting oceans

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 08:39 2017 Friday ,22 September

New Hurdles as Republicans Rush

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday