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BERLIN (AP) - German exports tumbled by nearly one-fifth last year, the biggest fall for 60 years and one that officially knocked the country off its perch as the world's top exporter, government data showed Tuesday.
However, exports from Europe's biggest economy showed their first year-on-year growth in December since the fall of 2008, the Federal Statistical Office said, and also were up healthily on the month.
Germany exported goods and services worth euro803.2 billion (nearly $1.1 trillion) last year, a fall of 18.4 percent compared with 2008, the office said. Imports totaled euro667.1 billion ($916 billion), a 17.2 percent decline.
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