In July, Germany's exports to non -EU countries decreased by 7.6% month -on -month

According to data released by the German Federal Bureau of Statistics on the 22nd, after seasonal adjustment, Germany's exports to foreign countries outside the European Union in July decreased by 7.6%month -on -month. According to German media reports, this is the first time that the value has fallen for the first time after three consecutive increases.

Data show that Germany's total exports to non -EU countries in July 56.8 billion euros, which almost occupied half of Germany's total exports. Compared with the same period last year, Germany's exports increased by 5.5%in July. The Federal Bureau of Statistics pointed out that this growth is based on the sharp rise in foreign trade prices.

Data show that in July, the United States is still the most important trading partner of German exporters. In the month, Germany exported to the United States 12.5 billion euros, an increase of 14.9%year -on -year; Germany's export value to China was 8.9 billion euros, an increase of 6.1%year -on -year; Germany to the UK to the United Kingdom The export amount decreased by 2.2%year -on -year to 5.7 billion euros.

The Federal Federal Statistics Bureau pointed out that due to the conflict between Russia and Ukraine and sanctions against Russia, Germany's exports to Russia in July 56%were 1 billion euros. This led Russia to the 12th place in the most important destinations exported by Germany in July. Russia still ranked 10th in June and ranked fifth in February.

The German Industry and Commerce Conference (DIHK) warned that the German export economy in the second half of this year will face difficulties. DIHK expert Carolin Herweg recently said that supply chain interruptions and high costs of energy, raw materials and imports continued to hinder production, and influenced export -oriented German industries. The economic slowdown of important export partners such as the United States and the euro zone has also inhibited the demand for "manufacturing in Germany."

Source: China News Network

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