Germany reports 14.7 percent rise in exports

AP News
Posted: Sep 15, 2011 4:21 AM

Germany's Federal Statistics Office says the country saw exports rise by 14.7 percent in the first half of 2011 compared to the same time period the previous year.

The office said Thursday that from January to June 2011 exports came in at euro525.6 billion ($721.60 billion), up from euro458.3 billion in the first six months of 2010. When adjusted for prices, the rise was 10.1 percent.

Second quarter exports rose an unadjusted 10.8 percent to euro264.7 billion compared to euro238.8 billion in the same quarter last year.

The Wiesbaden-based agency said the exports saw particularly strong growth to non-European Union countries, including Turkey, Russia and China.