Germany overtakes US as world’s largest exporter

cprise

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Thu Oct-16-03 10:02 AM
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Germany overtakes US as world’s largest exporter

In August, Germany took pole position as the worlds leading export country from the US, with exports 7% higher than the Americans, according to OECD and IMF statistics quoted by FT Deutschland.

With $62bn in exports, Germany's world share is now higher than 10 percent for the first time in several years. This also is higher than the US share.

more
http://www.euobserver.com/index.phtml?sid=9&aid=13029

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DBoon

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Thu Oct-16-03 10:10 AM
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1. Old Europe rises again!

Let's hear it for Social Democracy!

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FDRrocks

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Sun Oct-26-03 01:18 AM
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5. I'm still a bit nervous about Germanys track record...

Edited on Sun Oct-26-03 01:18 AM by FDRrocks

I know the tables have turned... but.... *nervous laughter*

edit: Nothing glamorous about Old Europe, theres a lotta good in New Europe, though.

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Ellen Forradalom

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Thu Oct-16-03 10:15 AM
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2. Once again, the REAL stories get no play in the U.S. media.

China sends a man into space, Germany becomes the world's industrial powerhouse, we fester in Iraq. All warning signs of America's waning fortunes, and all ignored.

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German-Lefty

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Fri Oct-24-03 07:50 AM
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3. Now if we could just get some more jobs.

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TrogL

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Fri Oct-24-03 01:03 PM
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4. Germany's exports

The German economy has benefited from growth in Eastern and Central Europe, which has boosted demand for German goods - especially food and machinery.

"The US competition produces lesser quality and the Japanese are delivering mass produced goods. Therefore Germany is leading in high-quality, tailor-made products"

I suspect the machinery has a lot to do with it, especially big iron like trucks, hoists and construction equipment.

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