Außenhandel

foreign trade; external trade

noun OWS-sen-han-del Rare

Usage Note

Außenhandel covers all trade in goods and services between Germany and other countries. Außenhandelsstatistik (foreign trade statistics) is published by Destatis. Germany's Außenhandel is central to its economy — exports make up roughly 50% of GDP.

Examples

"Der Außenhandel mit China ist für die deutsche Industrie von großer Bedeutung."

Natural Translation

Foreign trade with China is of great importance to German industry.

Literal Translation

The foreign-trade with China is for the German industry of great importance.

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