ECONOMICS
BALANCE OF TRADE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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China
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Brazil
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Germany
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Japan
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Detailed explanation-1: -This statistic shows the main export partners of Germany as of 2019. That year, Germany’s main export partner were the United States with a 9 percent share in Germany’s total exports.
Detailed explanation-2: -Overall in 2022, the country’s trade surplus fell to €79.7 billion the lowest level since 2000, Destatis said, and down by more than half from 2021’s surplus of €175.3 billion.
Detailed explanation-3: -The foreign trade balance showed a surplus of 223.6 billion euros in 2019. In 2018, the surplus of the foreign trade balance was 228.7 billion euros.
Detailed explanation-4: -In 2019, Germany major trading partner countries for exports were United States, France, China, Netherlands and United Kingdom and for imports they were China, Netherlands, United States, France and Poland.