Germany Posts Trade Balance Deficit in May 2022, First Time Since 1991

Germany records trade deficit for first time in 30 years

Germany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, figures released Monday show.

[Ticker] Germany records first monthly trade deficit since 1991

Germany reported its first monthly trade deficit in goods for over three decades, as a result of inflation and trade disruption. Energy prices have pushed up the value of imports to the country, while its own exports have been disrupted by the global trad...

Germany records 1st export deficit in over 30 years

Germany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, figures released Monday show.

Rising import costs and weak product demand Germany's first trade deficit in more than 30 years

[Financial Telecom/Comprehensive Report] Germany's trade deficit reached 1 billion Euros (about NT$30.9 billion) in May this year. It saw the first trade deficit since 1991. Due to the bleak economic outlook, companies faced rising entry costs and weak demand for products. “Bloomberg” reports, Germany... ...

Germany records 1st export deficit in over 30 years

The seasonally adjusted figures resulted in a foreign trade deficit of almost 1 billion euros - a psychological blow to Europe's biggest economy, which prides itself on its strong export industries.

Germany records 1st export deficit in over 30 yrs due to high import costs

Germany recorded its first monthly trade deficit since 1991 in May as a result of higher import prices, figures released Monday show.