Trade Surplus Declines Despite Export Gains

Germany's exports increased 1.4% to 131.1 billion, exceeding expectations.
US demand for German exports rose 12% month-on-month.
Exports to China fell 2.2% due to weaker demand and competition.
Imports from China rose over 6%, reversing a five-month decline.
Carsten Brzeski says exports are not in free fall but face structural challenges.
Imports grew faster than exports, reducing the trade surplus.
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