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Exports in November 2023: +3.7% on October 2023
In November 2023, German exports were up 3.7% and imports rose 1.9% on a calendar and seasonally adjusted basis compared with October 2023. Based on provisional data, the Federal Statistical Office (Destatis) also reports that exports decreased by 5.0% and imports fell by 12.2% compared with November 2022. After calendar and seasonal adjustment, Germany exported goods to the total value of 131.2 billion euros and imported goods to the value of 110.8 billion euros in November 2023. The foreign trade balance showed a surplus of 20.4 billion euros in November 2023. The calendar and seasonally adjusted surplus stood at ... (full story)