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MENAFN - 05/12/2012

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(MENAFN) German Federal Statistical Office (Destatis) announced that the country's exports rose by 3.6 percent in the third quarter from a year ago to USD360 billion, reported Xinhua News.

The agency attributed the growth to strong demand from countries outside the European Union (EU), with exports to these countries growing 3.3 percent.

It said that shipments to the US jumped by 25.7 percent in the quarter to USD30.84 billion, moreover, exports to South Korea climbed by 15.8 percent and those to Japan were up by 12.9 percent.

It added that exports to Russia gained 7.6 percent to USD13.33 billion, and exports to China edged up by 0.9 percent to USD21.69 billion.

Exports to non-EU countries represented 44.4 percent of Germany's total shipments in the quarter.

It is worth noting that Germany's imports dipped 0.4 percent from a year ago, to USD294.48 billion.

 






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