Exports top €1 trillion despite euro crisis

Europe's biggest economy exported €1.06 trillion ($1.4 trillion) in the whole of last year, exceeding the one-trillion mark for the first time, the national statistics office Destatis said in a statement. Imports also rose to a record €902 billion. 

Exports declined by 4.3 percent in December alone to their lowest level since April, as the effects of the region's debilitating debt crisis increasingly made themselves felt, the data showed. 

And with imports also falling by 3.9 percent, Germany's trade surplus - which had ballooned to €158.1 billion throughout the whole of 2011 - contracted to €13.9 billion in December.

Link (submitted by Japhet)