German exports spike to all-time high

politico.eu ^ | May 9, 2017 | Hans von der Burchard

[Berlin_Freeper]

Germany’s exports in goods reached a value of €118.2 billion in March while imports climbed to €92.9 billion, the highest monthly figures ever reported, the country’s federal statistical office announced Tuesday.

In comparison to March last year, German exports increased by 10.8 percent and imports by 14.7 percent.

[Berlin_Freeper]

[Berlin_Freeper]

Report reveals why it's never been better to find work in Germany

[central_va]

Protectionism works. One day the USA will figure it out.

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Import duty & taxes when importing into Germany

Overview

Import duty and taxes are due when importing goods into Germany from outside of the EU whether by a private individual or a commercial entity. The import duty and taxes payable are calculated on the CIF value, i.e. the sum of the value of the imported goods and the cost of shipping and insurance.

Duty Rates

The duty rates applied to imports into Germany typically range between 0% (for example books) and 17% (for example Wellington Boots). Some products, such as Laptops, Mobile Phones, Digital cameras and Video Game consoles, are duty free. Certain goods may be subject to additional duties depending on the country of manufacture, for example Bicycles made in China carry an additional (anti dumping) duty of 48.5%.

VAT Rates

The standard VAT rate for importing items into Germany is 19%, with certain products, for example books, newspapers and magazines, attracting VAT at the reduced rate of 7%. VAT is calculated on the value of the goods, plus the international shipping costs and insurance, plus any import duty due.

[Berlin_Freeper]

Slate of data shows Germany economy barreling ahead
The overall robust readouts are the latest in a batch of solid economic figures that are likely to help Chancellor Angela Merkel burnish her economic credentials ahead of a Sept. 24 federal election, when she will seek a fourth term.

[Berlin_Freeper]

German churches see rise in baptisms for refugees
Thousands of refugees in Germany are converting from Islam to Christianity, although it could carry a huge personal risk for them. Independent churches are especially seeing many new converts.

[Moltke]

Thousands of refugees in Germany are converting from Islam to Christianity,

I think that's just a scam to avoid deportation. Not in every single case, but mostly. Remember, islam expressly allows lying and subterfuge if it furthers the cause of islam/muzzies.

[bgill]

If only they would put these figures into a relatable value. Of course, the $$$$ is higher. Goods cost more so the bottom line is greater, duh. What was the cost of a loaf of bread last year compared to this year’s cost? What is the value of a Euro this year after the invasion compared to three years ago before the invasion?