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German Exports to UK Fell by around 7% since Brexit, IW Shows

BERLIN, June 19 (Reuters) - German exports to Britain fell by around ​7% since 2016, according to ‌figures from the German Economic Institute (IW), underscoring the economic costs of Brexit.

In ​an analysis prepared for Reuters, ​IW researchers said the decline contrasted ⁠sharply with Germany's broader export ​performance in Europe: over the ​same period from 2016 to 2025, exports to the rest of the EU rose ​by 41%.

Before Britain's referendum on ​EU membership in 2016, German-British trade had ‌been ⁠expanding strongly and German exports to Britain rose by almost 38% between 2006 and 2015, outpacing ​a roughly ​20% increase ⁠in exports to other EU member states.

The IW ​researchers said Brexit had proved ​economically ⁠damaging for both sides, and argued it would be in Germany's ⁠interest ​if Britain reversed ​course or rejoined the European single market.

Reporting by ​Maria Martinez; Editing by Alex Richardson

Source: Reuters


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