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Germany's foreign trade hit a fresh record in 2018

Reuters  |  BERLIN 

BERLIN (Reuters) - The volume of Germany's foreign trade hit a record in 2018, the Federal Statistics Office said, underlining how exposed Europe's largest economy is to a global trading system that is under threat from protectionism and the threat of a trade war.The annual figures -- showing that Germany had exported 1.3 trillion euros' worth of goods and imported 1.1 trillion euros -- exceeded the previous record set in 2017. The trade surplus for the year narrowed slightly.Germany, the continent's economic motor, has boomed for a decade thanks to its role as a supplier of equipment to the ...

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First Published: Fri, February 08 2019. 13:26 IST
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