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China Surpasses US as Germany’s Largest Trading Partner

From January to August, Germany's trade with China totaled $190.7 billion, slightly exceeding $188.6 billion in trade with the US.

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Terms & Concepts
  • Bilateral Trade: The exchange of goods and services between two countries, measured through combined import and export values.
  • Trade Balance: The difference between a country's exports and imports with another nation, indicating trade surplus or deficit.