Posted on December 28, 2020

German exports fell by at least 12% this year as demand from the United States and Britain collapsed due to the Covid-19 pandemic.

German exports to the United States, its largest foreign sales market outside the European Union, fell by 16% and exports to Britain tumbled by 18.5%. Exports to China remained strong.

China is likely to overtake France and the United States this year to become number one destination for German exports by value for the first time.

container South Africa wine Brazil Finland International Freight USA cargo imports containers U.S.A EU Vietnam China India Switzerland Hong Kong Turkey Japan Spain shipping France Canada Ireland Denmark freight forwarders Sweden Freight Shipping Covid-19 Germany Poland Australia Europe Brexit import Seafreight export Norway exports freight air freight ports italy logistics importers rail freight freight forwarding Netherlands exporters exports China