Cargo ships are loaded at a container terminal in a harbour in Hamburg, Germany, April 27, 2022. REUTERS/Fabian Bimmer
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BERLIN, June 3 (Reuters) – German exports rose greater than forecast in April, rising by 4.4% on the earlier month, whereas imports elevated by 3.1%, in line with information launched by the Federal Statistical Office on Friday.
A Reuters ballot had predicted a month-on-month rise in exports of 1.5%.
Exports from Germany to Russia dropped in April by 10%, after plummeting by 60% in March amid extreme Western sanctions on Moscow for its invasion of Ukraine, the workplace mentioned.
In April, Germany had a seasonally adjusted trade surplus of three.5 billion euros ($3.76 billion), the workplace reported, versus a forecast 1.6 billion euros.
($1 = 0.9300 euros)
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Reporting by Rachel More, Editing by Miranda Murray
Our Standards: The Thomson Reuters Trust Principles.
German exports get 4.4% boost in April despite dwindling trade with Russia & More Latest News Update
German exports get 4.4% boost in April despite dwindling trade with Russia & More Live News
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German exports get 4.4% boost in April despite dwindling trade with Russia & More News Today
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