German Exporters Confident They'll Retain Global Lead over China

16 June 2008

BERLIN: Germany's businesses are confident they have enough orders to stay ahead of China at the top of the global exports league next year.

Exporters association BGA believes the US slowdown and the weakness of the dollar will have more impact on its main rival.

Germany's strong links with emerging nations and the oil-rich states of the Middle East saw its exports rise 1.2% in April to produce a solid year-on-year increase of 13.9%.

The Federal Statistics Office data also show that Germany's trade surplus widened to €18.7 billion euros ($28.6bn; £14.7bn) in April, from €16.6bn in March, and from €15.2bn in April last year.

Data sourced from Deutsche Welle (Germany); additional content by WARC staff