German exports to Great Britain collapse after Brexit – 03/02/21 – News

Tuesday, 03/02/2021 9:27 AM from


| Views: 133

Flag of the Federal Republic of Germany.

WIESBADEN (dpa-AFX) – After Brexit, German exports to Great Britain collapsed. According to preliminary calculations by the Federal Statistical Office, a decline in exports to the country of around 30 percent compared to the same month last year is expected for January 2021, as the Wiesbaden authority announced on Tuesday.

Great Britain had also left the EU customs union and the internal market on January 1st. In trade with the European Union, customs duties have been due in some industries since then, and there are goods controls.

Last year, the Brexit, but also the Corona crisis, had clearly left their mark on trade in the two countries. German exports to the United Kingdom fell year-on-year by 15.5 percent to 66.9 billion euros. According to the information, this was the sharpest decline since the financial and economic crisis in 2009 (minus 17.0 percent). According to the information, German exports to the country have steadily decreased since the year of the Brexit referendum in 2016./mar/DP/bgf


Subscribe to more news about the Bitcoin rate in euros for free

ARIVA.DE publishes analyzes, columns and news from various sources in this section. ARIVA.DE AG is not responsible for content that is recognizably posted by third parties in the “News” area of ​​this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.

Read Also:  Judicial year. Marcelo stresses "social prestige of justice"

Other users were also interested in this article:

Share on facebook
Share on pinterest
Share on twitter
Share on linkedin
Share on email


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.