China News Agency, Berlin, February 2 (Reporter Ma Xiuxiu) According to the data released by the German Federal Statistical Office on the 2nd, after working day and seasonal adjustments, Germany's exports in December 2022 fell by 6.3% month-on-month to 127.4 billion euros; Germany Imports for the month fell 6.1% month-on-month to 117.4 billion euros.
As a result, Germany's foreign trade balance surplus for the month was 10 billion euros.
The data shows that in December 2022, Germany exported 70.9 billion euros to EU member states and imported 58.7 billion euros, a decrease of 4.0% and 4.8% from the previous month; 58.8 billion euros, a decrease of 9.1% and 7.4% from the previous month.
Germany exported the most to the United States in December 2022, at 12.3 billion euros; Germany imported the most from China that month, at 13.5 billion euros.
Germany's exports to Russia in December 2022 fell by 16.7% month-on-month to 900 million euros; Germany's imports from Russia in that month increased by 0.1% month-on-month to 1.6 billion euros.
Data show that Germany's annual exports in 2022 will increase by 14.3% year-on-year to 1,564.1 billion euros; imports will increase by 24.3% year-on-year to 1,488.1 billion euros, mainly due to the sharp rise in energy import prices caused by the Ukraine crisis.
2022 will be the fifth year in a row that Germany's foreign trade surplus will decline.
According to German media reports, the German government expects that 2023 will also be a difficult year for the German export industry.
German exports are expected to grow by just 2.2 percent in 2023, according to the annual economic report.
The "sluggish global economic development" in particular has dampened German exporters' expectations for international sales.
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