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In July 2023, Germany’s trade performance showed mixed results, with a decrease in exports by 0.9 per cent MoM and an uptick in imports by 1.4 per cent MoM.
The trade surplus stood at €15.9 billion, a decrease from June’s €18.7 billion.
Trade within the EU was stable; exports marginally increased to €71.9 billion, and imports rose to €61.7 billion.
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