Germany’s Trade Surplus and Exports Reach All-Time Highs
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German exports rose above 100 billion euros ($129 billion) for the first time in July and the trade surplus climbed to an all-time high, even as escalating sanctions against Russia threatened trade flows.
Exports gained the most in more than two years, climbing 4.7 percent from June to 101 billion euros, data from the Federal Statistics Office in Wiesbaden showed today. The trade gap widened to 23.4 billion euros from 16.6 billion euros.