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UID:event-1000@diihk.com
DTSTAMP:20260901T111913Z
DTSTART:20250213T102052Z
DTEND:20250213T102052Z
SUMMARY:Germany’s Foreign Trade Declines by 2% in 2024
DESCRIPTION:Germany’s Foreign Trade Declines by 2% in 2024				\n		In 202
 4\, Germany exported nearly 1\,560 billion euros worth of goods\, marking
  a 1% decline compared to 2023. Meanwhile\, imports also dropped by 2.8%\
 , reaching 1\,319 billion euros.Based on data from the Federal Statistica
 l Office of Germany\, Germany’s total trade volume in 2024 decreased by
  approximately 2.1% compared to 2023. The total trade volume for 2024 sto
 od at 2\,872 billion euros\, reflecting a decline of over 2% from 2\,933 
 billion euros in 2023.Germany exported 1\,555 billion euros worth of good
 s and imported 1\,316 billion euros worth of goods in 2024. Compared to 2
 023\, exports decreased by 1.3%\, while imports declined by 3%. In 2023\,
  Germany’s export value was approximately 1\,576 billion euros\, and it
 s import value was around 1\,357 billion euros.Germany’s foreign trade 
 balance showed a surplus of 239.1 billion euros in 2024\, compared to a 2
 17.7 billion euro surplus in 2023. However\, the overall foreign trade vo
 lume in 2024 saw a 2.1% decline.In December 2024\, on a nominal basis (no
 t adjusted for calendar or seasonal effects)\, Germany exported 113.9 bil
 lion euros worth of goods and imported 99.9 billion euros worth. Compared
  to December 2023\, exports declined by 0.2%\, while imports increased by
  1.9%.
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