Above-average increase in trade
German trade with the Asia-Pacific region is increasing – exports to one country experienced a surprising increase.
German imports from and exports to the Asia-Pacific region experienced above-average growth in 2014 – imports increased by 4.5% and exports by 6.1%. The 11.3% rise in exports to China made a significant contribution to this positive development. The volume of trade with the region increased by a value of 16 billion euros to a total of 319.7 billion euros. As a result, the Asia-Pacific region’s share of German international trade rose from 15.2 to 15.6%. Trade relations with India remained roughly at the same level as the previous year. India therefore remains Germany’s fourth most important trading partner in the region after China, Japan and South Korea. German exports to Bangladesh increased most – a rise of 31.1%.
