Trade with Japan shows first rise in five years
1 April 2005, WIESBADEN - German trade with Japan rose by 7 percent in 2004 for the first rise in five years, officials reported on Friday.
1 April 2005
WIESBADEN - German trade with Japan rose by 7 percent in 2004 for the first rise in five years, officials reported on Friday.
The Federal Statistics Office in Wiesbaden said that "made in Germany" products to Japan reached EUR 12.7 billion, up 6.8 percent from 2003.
Despite the rise, Japan ranks only 15th among Germany's export markets. The chief German products to Japan were cars, automotive components, chemical products, machinery, and medical and optical technology.
German imports from Japan also increased by 7.2 percent to EUR 21.1 billion in what was also the first rise in five years.
Japanese exports were led by communications technology, radio and television sets, electronic components and automobiles, the office said.
Subject: German news