Germany exported more small arms in 2012 than in the past 15 years, it emerged on Monday when the <i>Süddeutsche Zeitung</i> reported that nearly €80 million worth of weapons were sold abroad last year.
German Chancellor Angela Merkel pledged late Sunday to take steps to avoid a brewing trade war between China and the EU during a first visit by China's new premier to Germany, with both leaders calling for dialogue.
German factory orders jumped in February, driven by buoyant domestic and export demand, suggesting that rising confidence in Europe's biggest economy may finally be reaching the real economy, analysts said on Friday.
German industry experts said on Monday they were expecting record exports in 2013, as demand for the country's products grows and the world economy begins to strengthen.
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.
Despite regular apocalyptic warnings of black-outs due to the nuclear power shutdown, a recent boom in renewables means that Germany is exporting more electricity than ever before, new figures show.
Germany’s export machine is outperforming analysts’ expectations, with official data released Monday showing a 2.4 percent increase in exports for August. Economists had been forecasting a drop of 0.6 percent.
The German export industry - one of the main pillars of the country's economy - dropped to its lowest point since 2009 in August, sparking fears that the euro crisis is finally catching up with one of Europe's stronger nations.
German exports and imports fell sharply in April as Europe's biggest economy begins to feel the effects of the long-running eurozone debt crisis, data showed on Friday. Analysts said the monthly data were worse than expected.
German exports topped €1 trillion 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.
Germany, the world's number two exporter, expects healthy growth in foreign demand for its goods thanks to booming emerging markets and a nascent US recovery, according to a report on Monday.
Luxury German carmaker Audi said Thursday that 2011 sales in fast-growing China had outstripped its home market for the first time, adding it expected further acceleration in the coming years.
German exports are set to crack the €1-trillion mark for the first time history this year despite turbulence hitting the global economy and the simmering eurozone debt crisis.
The eurozone debt crisis looks set to slam the brakes on growth next year in the German economy, Europe's biggest, a panel of economic advisors to the government warned on Wednesday.
German exporters, the backbone of the biggest eurozone economy, could manage without the common euro currency, the head of their BGA industry federation, Anton Börner, said on Wednesday.
Between 2005 and 2009 the German government approved the sale of huge quantities of weapons to repressive regimes in North Africa and the Middle East despite clear policy guidelines, a new Amnesty International report says.
Libyan rebels have reportedly been using Heckler & Koch G36 assault rifles in their struggle against dictator Muammar Qaddafi. The German company denies that it sold weapons to anyone in the embargoed country.
Germany's export machine geared up in May, expanding by 4.3 percent to nearly offset a decline in April, data from the national statistics office showed on Friday.
The backbone of Germany’s booming economy isn’t huge industry – it's thousands of small and mid-sized firms spread across the country. The Local's David Wroe reports on the quiet achievers known as the <i>Mittelstand</i>.
Germany backs the opening of talks on a free trade deal between Japan and the European Union, two of the world's economic giants, Chancellor Angela Merkel said on Tuesday.
A pick up in global trade saw Germany post record exports and imports in March, official data showed Monday, while its trade surplus climbed more than 11 percent on a yearly basis to €18.9 billion.
