The U.S. outsold Germany as the world’s second-biggest exporter behind China last year as demand from Germany’s main trade parters in the euro-zone fell, Financial Times Deutschland reported, citing calculations by the Munich-based Ifo institute.

China accounted for almost 11 percent of global exports in 2011, followed by the U.S. with 8.4 percent and Germany with 8.3 percent, the newspaper said.

To contact the reporter on this story: Cornelius Rahn in Frankfurt at crahn2@bloomberg.net

To contact the editor responsible for this story: Kenneth Wong at kwong11@bloomberg.net