France continues to hold its ground as the primary export destination for Germany, maintaining its position despite facing a slight downturn in economic activity. According to recent data, despite a 4.5 percent decrease in exports, France retained its status as Germany's most significant export market throughout 2023.
Photo © Prasit Rodphan | Dreamstime.com
The German furniture industry exported approximately 1.4 billion euros worth of furniture to France in the past year. This robust export activity underscores the enduring demand for German-made furniture in the French market, despite economic challenges.
Conversely, imports from France to Germany experienced a decline, with furniture imports totalling 154 million euros, marking a 14.4 percent decrease compared to previous periods. While this decline in imports suggests shifting dynamics in consumer preferences or market conditions, France remains a critical trading partner for Germany.
Source: www.moebelkultur.de