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19 Dec 2017
BGA trade association: German imports/exports to reach record high in 2018
Below are some of the key highlights from the Federation of German Wholesale and Foreign Trade (BGA's) forecasts for 2018.
• Exports to rise by 5% in 2018, and hit record high of EUR 1.3 trillion
• Imports to rise by 7% in 2018, and hit record high of EUR 1.1 trillion
• US trade policies are alarming because they weaken WTO as an efficient organization
• We need a rules-based free trade order as guaranteed by WTO rules