Germany's exports increase by 4.1% in October

Exports of goods in October amount to $137B

By Ovunc Kutlu

ANKARA (AA) - Germany's exports increased by 4.1% in October compared to the previous month, according to data released Thursday by the Federal Statistical Office (Destatis).

The country’s imports also rose 5% in October compared to September, Destatis said in a statement.

"After calendar and seasonal adjustment, exports were 3.8% and imports 13.5% higher than in February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany," it added.

In October, exports of goods amounted to 121.3 billion euros ($137 billion) and imports of goods to 108.5 billion euros ($122.5 billion).

"Compared with October 2020, exports increased by 8.1% and imports by 17.3% in October 2021," it said.

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