German exports break record but crisis takes toll
German exports topped 1.0 trillion euros for the first time in 2011, but fell at year-end as the eurozone debt crisis hit demand for goods made in Germany, official data showed on Wednesday.
Containers are loaded onto a ship at the port in Hamburg, northern Germany, June 2010. German exports topped 1.0 trillion euros for the first time in 2011, but fell at year-end as the eurozone debt crisis hit demand for goods made in Germany, official data showed on Wednesday.
Europe's biggest economy exported 1.06 trillion euros ($1.4 trillion) in the whole of last year, exceeding the one-trillion mark for the first time, the national statistics office Destatis said in a statement.
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
About the author
- Writer: AFP News agency
- Position: Agence France-Presse
Latest stories in this category:
- 'Device' claim triggers France-US flight diversion
- Cyber crooks cranking out new weapons experts warn
- Bank of Japan keeps ultra-low rates unchanged
- China must act to prevent hard landing: World Bank
- EU leaders open eurobonds debate at 'growth' summit
- Egyptians vote in historic presidential election
- Britain field hockey team seek Olympic tune-up
- SpaceX blasts off to space station in historic first
