Germany posts record high trade surplus in 2014
Germany’s exports and imports also posted record high levels in 2014, rising by 3.7% to €1,134 billion and 2% to €916.5 billion, respectively. Meanwhile, the country’s current account surplus increased to €215.3 billion in 2014 compared with €189.2 billion in 2013.
In December, exports rose 3.4% month over month after decreasing 2.2% in the previous month while imports fell 0.8% following a gain of 1.2% in November. On a yearly basis, exports rose 10% while imports climbed 4% in December.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- ABS, PS uptrend falters in China after H1 2020 ends at multi-month highs
- Stats: China’s total PP imports spike in May; Vietnam and India’s rising shares shine out
- Tight supply drives HDPE, LLDPE gains in Southeast Asia
- European PE markets set for 2nd bullish month on rising costs
- Turkey’s PP and PE markets propelled to a firm start to H2 despite vulnerable conditions
- Asian PVC sees V-shaped recovery in Q2, what will Q3 bring?
- Will capacity additions cast cloud on ethylene upsurge in Asia?
- US PVC offers in Egypt rise steadily but resistance grows in tandem
- PE buyers’ resistance grows in SEA; duty-free origins more competitive than Mid-East
- Polymer demand cools in Turkey: Is price correction ahead for PP, PE and PVC?