Germany's exports and imports will rise in 2022 as a result of the energy crisis and high inflation.

According to preliminary estimates issued by the Federal Statistical Office, Germany's imports and exports both climbed year on year in 2022, despite the energy crisis and high inflation (Destatis). According to Destatis, Europe's largest economy's exports increased 14.3% year on year to 1.56 trillion euros, while imports increased 24.3% to 1.49 trillion euros. The rises were "primarily based on price effects," according ....