Fashion
Germany’s exports to non-EU nations decline in March 2024
According to the latest provisional data from the Federal Statistical Office (Destatis), German exports to countries outside the European Union (EU) decreased slightly in March 2024. On an adjusted basis Calendar and seasonal, exports to these third countries decreased by 0.8% compared to February 2024, reaching a total value of 59.4 billion euros.
Further analysis shows a more significant decrease when looking at year-over-year figures. In March 2024, German exports to third countries fell by 1.5% compared to the same month last year on a seasonally adjusted basis. According to Destatis, when considering the initial value, exports amounted to 60.8 billion euros, marking a sharp decrease of 12.2% compared to March 2023.
Fiber2 Fashion News Desk (DP)