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Germany’s trade surplus rose to €16.9 billion in October, driven by stronger EU demand and falling imports, despite declines to the U.S. and China.
Germany’s trade surplus rose to €16.9 billion in October, exceeding expectations, as exports edged up 0.1% despite a 7.8% drop to the U.S. and declines to China.
Stronger EU demand, with exports up 2.7%, helped offset losses, while imports fell 1.2%, boosting the surplus from September’s €15.3 billion.
Economists see resilience in Germany’s export sector, though global demand remains weak.
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El superávit comercial de Alemania se elevó a 16.900 millones de euros en octubre, impulsado por una mayor demanda de la UE y una caída de las importaciones, a pesar de la disminución de las exportaciones a Estados Unidos y China.