The German Export has lost in November 2018 momentum. Overall, the value of exports amounted to 116,3 billion euros, as the Federal Statistical office reported on Wednesday in Wiesbaden. In comparison with November of 2017, has changed the amount hardly, but compared with the strong October, he was noticeably smaller. At the same time, the value of imports increased by 3.6 percent to 95.7 billion euros.

in the face of international Trade disputes, and the vagaries of the Brexits of the foreign trade Association BGA had corrected its forecast for full-year last-to-bottom. It is expected an export growth of 3.5 per cent. Originally, the industry had expected a Plus of 5 percent.

In the first eleven months of 2018, the exports of the German economy, rose by 3.7 percent to 1221,7 billion euros. Despite the dip in November, a new record appears in sight. In the entire year of 2017 Were had been in the record of 1279,0 billion euros in exports – an increase of 6.2 percent.


Sam Yoon has many years of experiences in journalism. He has covered such areas as information technology, science, sports and politics. Yoon can be reached at 82-2-6956-6698.