Germany's exports in July down 1.2 pct year-on-year: statistics

FRANKFURT, Sept. 6 (Xinhua) -- Germany's exports in July shrank by 1.2 percent year-on-year while imports were nearly flat, according to figures published by the Federal Statistical Office on Friday.

The total value of German exports in July, which is calendar and seasonally adjusted, reached 130 billion euros (144 billion U.S. dollars) while imports stood at 113.2 billion euros, down 0.1 percent year-on-year.