German exports to non-EU countries grow 27.9 percent in May

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Germany’s exports to countries outside the European Union grew sharply in May from the same month last year, driven by a surge in shipments to the US and Britain.

Exports to non-EU countries rose 27.9 per cent year-on-year to 48.4 billion euros (57.8 billion dollars), preliminary data from Destatis showed Thursday.
Shipments to the US jumped 40.9 per cent and those to Britain surged 44.6 per cent. Exports to China grew 17.7 per cent.

The strong increases were also due to the very low level of foreign trade in May 2020 or base effect, the agency said.

On a calendar and seasonally adjusted basis, exports to non-EU countries decreased 3.0 per cent from the previous month. Exports to third countries were an adjusted 5.8 per cent higher than in February 2020, the month before restrictions were imposed due to the coronavirus pandemic in Germany, Destatis said.

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