Germany overtakes US as world’s largest exporter

[cprise]

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

[DBoon]

1. Old Europe rises again!

Let's hear it for Social Democracy!

[FDRrocks]

5. I'm still a bit nervous about Germanys track record...

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

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

[Ellen Forradalom]

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.

[German-Lefty]

3. Now if we could just get some more jobs.

[TrogL]

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.