• Germany's news in English
 

German exports due a boost in 2013

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

"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)

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
Sudeten Germans give up 'right to homeland'
Sudeten Germans practising traditional dance at a gathering in 2014. Photo: DPA

Sudeten Germans give up 'right to homeland'

The Sudeten German Homeland Association has given up its claim to the group's former home in parts of the Czech Republic, quieting one of the final echoes of the Second World War. READ  

Minister draws fire over wage transparency plan
Families Minister Manuela Schwesig. Photo: DPA

Minister draws fire over wage transparency plan

Families Minister Manuela Schwesig confirmed on Sunday that she wants a new law allowing women to compare their wages with men doing similar work, provoking angry reactions from employers. READ  

Police wind down Bremen terror response
Heavily-armed police on patrol outside Bremen cathedral. Photo: DPA

Police wind down Bremen terror response

Police in Bremen said that the risk of a terrorist attack had been reduced in the city after they arrested two suspected arms dealers. The city remains under high alert, with special protection for the Jewish community. READ  

Germany's Schäuble softens Greece tone
Photo: DPA

Germany's Schäuble softens Greece tone

German Finance Minister Wolfgang Schäuble said Sunday Greece's new hard-left government needs "a bit of time" but is committed to implementing necessary reforms to resolve its debt crisis. READ  

UK Pegida rally dwarfed by counter-demo
Photo: DPA

UK Pegida rally dwarfed by counter-demo

An estimated 375 people turned out for the Germany-based PEGIDA movement's first demonstration in Britain on Saturday, but were outnumbered by a 2,000-strong crowd of counter-protesters, police said. READ  

Greek PM vows to 'start working hard' after vote
Photo: DPA

Greek PM vows to 'start working hard' after vote

Greek Prime Minister Alexis Tsipras vowed Friday to "start working hard" to implement vital reforms in the stricken eurozone country, after Germany's parliament approved a four month extension to its bailout. READ  

Ukraine: troop deaths 'serious breach' of truce
Photo: DPA

Ukraine: troop deaths 'serious breach' of truce

Ukrainian President Petro Poroshenko declared the killing of three government troops by pro Moscow rebels a "serious breach of the ceasefire", during a telephone call Friday with German Chancellor Angela Merkel, her office said. READ  

Man wins court battle over loud footsteps
Trouble at the top. Photo: DPA

Man wins court battle over loud footsteps

Germany's highest civil court ruled in favour of a man who swapped the carpet in his new apartment for parquet flooring, incurring the wrath of the retired couple who lived below him over his loud footsteps. READ  

Teachers to strike nationwide from Monday
Photo: DPA

Teachers to strike nationwide from Monday

Teachers all over the country are expected to stike starting Monday, German education trade union GEW said, after negotiations with the wage commission of the federal states (TdL) failed to achieve results. READ  

EU court deals blow to US Iraq objector's hopes
Andre Shepherd at the European Court of Justice in June 2014. Photo: DPA

EU court deals blow to US Iraq objector's hopes

American soldier Andre Shepherd, who applied for asylum in Germany as a conscientious objector against the war in Iraq after going AWOL from his unit, saw a judgement by the Court of Justice of the European Union (CJEU) go against him on Thursday. READ  

RECEIVE OUR NEWSLETTER AND ALERTS
Features
Kafka: puzzling translators 100 years on
Business & Money
France or Germany: Which country really is the best country to work in?
Photo: Police
Rhineland
Student driver crashes tank into family garden.
Photo: DPA
Politics
There was a notable absence at the Anti-Semitism Commission
Sponsored Article
Tourist or lifer: what sort of expat are you?
National
How Dresden bombing still divides Germany, 70 years on
Sponsored Article
Are you an American expat? How to face FATCA
Photo: DPA
Gallery
Take a cute break with this gallery of baby animals
International
What's keeping UK expats from voting?
Photo: DPA
National
Terror alert at a new high. Should you be worried?
Gallery
The best regional foods TTIP opponents want to protect
Photo: DPA
Features
All you ever needed to know about Pegida
Photo: Shutterstock
Culture
This cosplayer did not think his plan through
National
Europe in statistics - from Spain to Sweden
Gallery
Top 12 German idioms
Culture
10 top tips for partying in Germany
Photo: DPA
Technology
What does the Chancellor see as the future of the internet?
Photo: DPA
Business & Money
JobTalk: All you need to know about working in Germany
National
Share news tips with The Local Germany
Latest news from The Local in Austria

More news from Austria at thelocal.at

Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Denmark

More news from Denmark at thelocal.dk

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

3,199
jobs available
Toytown Germany
Germany's English-speaking crowd