• Germany edition
 
German exports due a boost in 2013
Photo: DPA

German exports due a boost in 2013

Published: 30 Dec 2012 11:42 GMT+01:00
Updated: 30 Dec 2012 11:42 GMT+01:00

Germany, one of the world's top exporters, should post a new record for exports next year, driven by demand from Asia, the head of the BGA federation of exporters and wholesalers said on Sunday.

"We expect an increase of up to five percent in exports to €1.158 trillion in 2013 and a 5.5-percent rise in imports to €980 billion," said BGA chief Anton Börner in a new year's message.

Despite the eurozone crisis, Germany achieved record exports in 2012, added Börner, amounting to €1.103 trillion, and a trade surplus of €174 billion.

Börner said the bullish projection was based on "stability and no new volatility on the financial markets. Europe, the United States and China have a lot of homework to do in the new year in this respect," he said.

He said order books for next year were full "especially from the growth markets in Asia" and added that the low value of the euro on the currency markets was helping trade with the United States and Japan.

However, he cautioned that "the European debt crisis will be with us for a long time yet" and said he was especially concerned about what he said were "increasingly protectionist trends in several eastern European countries."

"By going alone down this protectionist road, these countries are harming not only our exports but also massively harming themselves," said Börner.

AFP/bk

The Local (news@thelocal.de)

Don't miss...X
Left Right

Your comments about this article

12:27 December 30, 2012 by Berlin fuer alles
Exporters of Germany you may thank the taxpayers of Greece, Portugal, Spain and Ireland as well as the German taxpayers for this boost. Now don't be shy to put a little back into the pot for all our benefit.
12:44 December 30, 2012 by Englishted
What exactly do these exports consist of ?, apart from cars what else is German a major manufacturer of .

Please do not be offended by the question ,I can see China's goods overrunning every shop but what good from here.
12:58 December 30, 2012 by Berlin fuer alles
Whatever exports there are there would be none if it wasn't for the rest of the Eurozone paying for the Euro.
14:19 December 30, 2012 by smart2012
Bfa, en, am with you, and would like to highlight that u missed one point: ASIA. Most of the goods sold in Asia by German companies are anyway made in china or India, so all of this as minor impact on German employment. Pro Verkel propaganda
14:35 December 31, 2012 by honeybeee
hahaaa, s2012 and Bfa , y u 2 talking here like twins ??/As for Englishted , I think your view is quite farsighted, but pls dont down talking or underestimate your German productions ablity , becoz still that's an old trap ,I think whatever China or India is just used by Germany¦#39;s techniques or Germany know how and they just cooperate with Germany¦#39;s steps to do together , so at last , the big part of profit in that cooperation is still combined with EU¦#39;s taxes with the emerging market people¦#39;s blood sweat . U don't believe? I can give u an example here , that¦#39;s Continental, haha , yes , Conti as well as its biggest shareholder Schaeffler Ag , especially Schaeffler , they are going on investing in the 4 big emerging markets already in 2012 sofar till now , China , India , Brazil and Russia as well as Hungary market , what¦#39;s that for? That stands for Schaeffler already see the big potential of the emerging market and use the increase there to make more taxes in filling the void of Eurozone. Btw , they are definitely a good contributor to the whole auto industry as well for their own sake ~~~~~~~
14:41 January 2, 2013 by ChrisRea
Berlin fuer alles is right. Exports to Greece, Portugal, Spain and Ireland combined are some 5% from the total. So France, Netherlands, UK,, US, China and Italy are the countries that really count.

@ Englishted

Machinery, cars and hi-tech apparatus are some the most exported products.
Today's headlines
Croatia extradites ex-top spy to Germany

Croatia extradites ex-top spy to Germany

Croatia extradited a former Yugoslav spy chief, Zdravko Mustac, to Germany on Thursday to face charges for the 1983 murder of a dissident on German soil. READ () »

German court jails Somali pirate for 12 years
An officer of the Lower Saxon Criminal Investigation Department (CID) securing evidence on the hijacked ship Marida Marguerite. Photo: DPA

German court jails Somali pirate for 12 years

A German court has sentenced a Somali pirate chief to 12 years in jail for hijacking a ship off the Horn of Africa and tormenting its crew during an eight-month ordeal. READ () »

New app helps clients find prostitutes
Photo: DPA

New app helps clients find prostitutes

While the German government is considering tightening prostitution laws, Berlin entrepreneurs have developed a smartphone app to connect sex-workers with clients. READ () »

Highs of 22C forecast for Easter weekend
Photo: DPA

Highs of 22C forecast for Easter weekend

The days running up to Easter may be cool and wet, but the holiday weekend should be a bit warmer for most of Germany, according to forecasters. READ () »

Berlin man must call himself a mother
The fight over the transgender man's right to be his child's official father has been raging since last year. Photo: DPA

Berlin man must call himself a mother

A transgender person who became the first man in Germany to give birth in March 2013 must be registered as the child's mother, a court has ruled after his year-long court battle to be named a father. READ () »

Study: rape convictions fall sharply
Photo: DPA

Study: rape convictions fall sharply

The chance of being convicted of rape in Germany has more than halved in the past two decades to fewer than one in ten, a major study revealed on Thursday. READ () »

SPD: Restore 45-percent investment tax
The tax privilege for investment income is unfair, says the SPD. Photo: DPA

SPD: Restore 45-percent investment tax

The centre-left half of Germany's coalition government has called for the old top rate of a 45-percent tax on investments to be brought back - to match standard income tax and fight the squeeze on middle incomes. READ () »

Customs find smuggled cash in every third car
Sniffing out the money. Photo: DPA

Customs find smuggled cash in every third car

The number of Germans smuggling large amounts of cash across the Swiss border into Germany rose dramatically last year. Customs officers said on Thursday they made a find in almost every third car they checked. READ () »

Crystal meth use hits record level
Crystal meth seized in Bavaria. Photo: DPA

Crystal meth use hits record level

Consumption of crystal meth in Germany appears to have reached a record level, according to government figures published on Thursday. READ () »

Child's near death sparks row over refugee homes
Leonardo had to have a finger and toe amputated after staff refused to call an ambulance. Photo: DPA

Child's near death sparks row over refugee homes

A political row has broken out in Bavaria after an asylum seekers' home failed to help a toddler who almost died of meningitis. The case has raised concerns about the treatment of refugees in the state. READ () »

RECEIVE OUR NEWSLETTER AND ALERTS
Photo: DPA
Rhineland
Elderly man taped €200,000 to his genitals
Photo: DPA
Business & Money
What's the unemployment rate in your area of Germany?
Photo: DPA
Gallery
Nine ways to celebrate Easter like a German
Photo: Galerie Bilderwelt
Gallery
World War I in colour photos
Photo: DPA
Society
'The mafia has infiltrated every sector in Germany'
Photo: DPA
Society
JobTalk: Why you should teach English in Germany
Photo: DPA
National
330,000 sign up against TV licence fee
Photo: DPA
Hamburg
School kids hospitalized after 'porno' party
Photo: Submitted
Frankfurt
'I'll get even with my old pal Schwarzenegger'
Photo: DPA
Gallery
The week in pictures: April 5th - April 11th
Photo: DPA
Gallery
Ten great inventions you (probably) didn't know were German
Photo: J. Arthur White
Berlin
Clashes in Berlin as refugees tear down their own camp
Advertisement:
Photo: DPA
Gallery
Munich's baby polar bears are finally named
Photo: DPA
Gallery
The 10 best German employers to work for
CurrencyFair
Sponsored Article
Why it pays to avoid banks when making overseas transfers
Mr. Lodge
Sponsored Article
How to find a furnished rental in Munich
Sponsored Article
How to make a lasting impression in business
Hult International Business School
Sponsored Article
What they don't teach you at Business School
Photo: DPA
Society
Nine jobs you can only do in Germany
Photo:ESL
Sponsored Article
How to integrate successfully in Germany
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
Photo: DPA
Features
The Local List Archive - Your guide to all things German
National
Share news tips with The Local Germany
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Latest news from The Local in Sweden

More news from Sweden at thelocal.se

3,134
jobs available
Toytown Germany
Germany's English-speaking crowd