Testimonials

RW Freight Services are very responsive to any queries that I have, and have always been helpful. No problems at all with their collections for Norway.

Norway Export Shipping
1137

RW Freight service provide a brilliant service for our exports to Sweden.

Sweden Groupage Exporter
88990

RW Freight always collect from me on time, so I have no problems with using them as a carrier for my goods that are exported to Finland.

Finland Exports
57844

More Testimonials

air freight Australia Brexit Canada cargo China container containers Covid-19 Denmark exporters exports exports China Finland France freight freight forwarders freight forwarding Freight Shipping Germany Gothenburg Hong Kong imports India Ireland italy Japan logisitics logistics Netherlands Norway Poland rail freight russia Seafreight shipping South Africa Spain Sweden Sweden freight Swedish Switzerland Turkey USA wine

German business group forecasts fall in exports

Tags: ,


A German business group is forecasting that Germany’s exports to Britain will fall 1 percent this year, and drop by 5 percent in 2017 following British voters’ decision to leave the European Union.

The Association of German Chambers of Commerce and Industry said that it previously predicted a 5 percent increase in exports to Britain this year, but revised its assessment because of the fall in the value of the pound and the prospect of weakening investment.

Britain was the no. 3 destination last year for German exports, importing goods worth 89.3 billion euros ($98.8 billion).

The group said most businesses expect bilateral trade to remain constant during negotiations, on a British exit, but many expect it to fall once Britain has left the EU, with extra bureaucracy and legal differences a concern.