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Germany's foreign trade surplus reached $154.29 billion in the first half of 2024, marking a 28.7% increase compared to the previous year.
This growth comes despite a decline in both exports and imports, highlighting the country's economic resilience and strong performance in international trade.
Citations:
[1] https://tradingeconomics.com/germany/balance-of-trade
[2] https://en.amwalalghad.com/germanys-trade-surplus-surges-28-7-in-h1-24/
[3] https://home.treasury.gov/system/files/136/June-2024-FX-Report.pdf
[4] https://www.destatis.de/EN/Themes/Economy/Foreign-Trade/_node.html
[5] https://www.frontiersin.org/journals/sustainable-food-systems/articles/10.3389/fsufs.2024.1420945/full
[6] https://www.mundus-agri.eu/news/pine-nuts-russia-holds-key-position-eu.n32751.html
[7] https://www.imf.org/external/pubs/ft/scr/2015/cr15202.pdf
[8] https://kluwertaxblog.com/2024/05/06/argentine-large-investments-incentive-program-a-primer/
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