Tag: Balance of payments
Weakening exports increase dependency on China
Container Ship China is Germany’s most important trading partner for the seventh year in a row. (Photo: dpa) Berlin On the one hand, China is becoming less important as a…
Corona situation burdens China’s foreign trade – exports fall by almost ten percent
Coronavirus weighs on the Chinese economy According to estimates by the London-based data processor Airfinity, there have been over 300,000 deaths in China since the beginning of December as a…
German exports fall in November – business with the USA and China is weakening
Containers in Wilhelmshaven The export expectations of the industry in Germany had recently increased. (Photo: dpa) Wiesbaden German exports took a hit in November 2022. Exports fell by 0.3 percent…
Weak global demand causes China’s exports to collapse
Beijing Poor global demand and corona lockdowns in China have caused Chinese foreign trade to collapse unexpectedly. Customs officials announced in Beijing on Wednesday that exports in US dollars fell…
British trade with Japan collapses despite Brexit trade pact
Containers in Suffolk Despite trade deals, trade between Japan and Britain has plummeted. (Photo: dpa) London Despite a trade pact with the Asian country, post-Brexit trade between Britain and Japan…
German exports overseas are falling – China business is weakening
Hamburg container port According to the DIHK, German exports will fall in the coming year due to the global economy, which has been impacted by the Ukraine war and supply…
China’s exports are shrinking for the first time in more than two years
Port of Shanghai Chinese exports to Germany recently shrank by more than five percent. (Photo: Reuters) Beijing China’s exports fell unexpectedly in October for the first time in more than…
Economy: German exports are surprisingly shrinking
Containers in the port of Hamburg In addition to exports, German imports also shrank slightly. (Photo: dpa) Berlin German exports fell surprisingly in September due to weaker demand from the…
In the worst case, there will be a gas shortage in February 2023
Gas storage facility in Lower Saxony How long will the supplies last? (Photo: Caro / Bastian) Berlin The danger that Germany will run out of gas in the upcoming winter…
German exports are increasing more than expected – despite the cooling global economy
Ludwigshafen container port Most of the exports went again to the USA, the most important customer of the German export economy. (Photo: dpa) Berlin German exports increased in August despite…
German exports are increasing more than expected – despite the cooling global economy
Ludwigshafen container port Most of the exports went again to the USA, the most important customer of the German export economy. (Photo: dpa) Berlin German exports increased in August despite…
Germany must redefine its external balance
According to the Stability and Growth Act of 1967, Germany is striving for an external balance. Should the balance of trade, i.e. the difference between exports and imports, be zero?…
Where German export companies are under pressure
Containers in the port of Hamburg In 2020, Germany accounted for around eight percent of global exports. (Photo: dpa) Berlin The German economy is doing well on the world market…
China’s foreign trade grew by 7.1 percent – and thus slowed down unexpectedly
China container port Exports rose by 18 percent in July. (Photo: dpa) Beijing China’s exports are still increasing. However, growth slowed down surprisingly sharply in August. Compared to the same…
China’s foreign trade grew by 7.1 percent – and thus slowed down unexpectedly
China container port Exports rose by 18 percent in July. (Photo: dpa) Beijing China’s exports are still increasing. However, growth slowed down surprisingly sharply in August. Compared to the same…
China’s foreign trade grew by 7.1 percent – and thus slowed down unexpectedly
China container port Exports rose by 18 percent in July. (Photo: dpa) Beijing China’s export growth has surprisingly slowed. In August, exports calculated in US dollars only increased by 7.1…
“Made in Germany” goods are less in demandi – US business is shrinking sharply
container port From June to July of the current year, exports fell by 2.1 percent, as the Federal Statistical Office announced on Friday. (Photo: dpa) Wiesbaden, Berlin For German exporters,…
German exports outside the EU collapse in July
Ludwigshafen container port Russia is only in twelfth place among the most important destinations for German exports outside the EU. In February, when the war began, Russia was fifth. (Photo:…
German exports outside the EU collapse in July
Ludwigshafen container port Russia is only in twelfth place among the most important destinations for German exports outside the EU. In February, when the war began, Russia was fifth. (Photo:…
New impetus for China’s economy thanks to unexpectedly strong exports
Container terminal in China, Qingdao The Chinese government originally set a growth target of 5.5 percent for this year, which now seems increasingly unrealistic. (Photo: dpa) Beijing Stronger-than-expected export growth…