Dr. Ralph Wiechers: Exports 2020
The global Corona crisis has also led to high export losses for machinery and plant manufacturers. In 2020, machinery and equipment worth 160 billion euros were exported from Germany and imported for 67 billion euros. Exports were thus 12.0 per cent and imports 13.4 per cent lower than in 2019, as the Federal Statistical Office has reported on the basis of provisional figures.
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