Germany's exports grew to $119.2 bn in April, trade surplus stable
The Dollar Business Bureau Germany’s overall goods exports grew for the fourth straight month to a new high of 106.3 billion euros ($119.2 billion) in the month of April, resulting in a stable adjusted trade surplus. The exports and imports picked up when compared to March, however, the country’s adjusted trade surplus remained unchanged in the month of April, indicating a recovery in Germany’s export trade since the beginning of the year. “Total exports of goods increased for the fourth straight month to a record 106.3 billion euros ($119.2 billion) in April, said Germany’s Federal Statistical Office (Destatis) on Friday, mentioning that the data is being adjusted for seasonal fluctuations and calendar impacts. Import of goods increased by 1.2% to 86.6 billion euros, which ...
CBEC to give swift clearance for bulk cargo export
The Dollar Business Bureau In yet another attempt to remove export bottlenecks and ease outbound shipping procedures, the government has decided to exempt bulk cargo from sealing in packages or containers, thus reducing delays in export consignments. The decision was taken after traders’ bodies expressed concern about their problems in sealing of bulk cargo for export, especially for goods such as coal, iron-ore, alumina concentrate and heavy machinery. They sought for a simple procedure for exports of such articles. “The matter has been examined. Notification has been amended, thereby exempting bulk cargo from sealing in packages or container. The Central Excise has been empowered to grant exemption from self-sealing of bulk cargo for export on case to case ...
