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German exports could rebound by up to 13% next year - BGA

Published 12/29/2020, 04:40 AM
Updated 12/29/2020, 05:15 AM
© Reuters. Containers are seen at the loading terminal Altenwerder in the harbour of Hamburg

BERLIN (Reuters) - Germany's BGA trade association said on Tuesday that exports could grow by up to 13% next year, but it added that such forecasts had to be taken with a lot of caution as nobody could predict the development of the coronavirus pandemic.

© Reuters. Containers are seen at the loading terminal Altenwerder in the harbour of Hamburg

This means that German exports, an important driver of overall growth in Europe's largest economy, will probably reach their pre-crisis level by summer 2022, BGA President Anton Boerner said.

Latest comments

lol exports to UK europe biggesy partner all get leveraged dont be fooled export will never gain under a brexit
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