The Corona virus outbreak reduced Germany’s exports by about 31.1 percent in April. Germany, whose annual exports were 1 trillion 328 billion Euros, suffered a 30 percent loss on a monthly basis in April, when the epidemic was most effective.
While the monthly export average was 110 billion Euros, this figure was 72.2 billion Euros in April. However, when examining the first three months of 2020, Germany’s exports fell to almost all the major countries, have been observed to increase exports to Turkey.
Some countries, as well as increased exports of Turkey was as follows; Faroe Islands, Iran, Burkina Faso, Cameroon, Morocco, Egypt.
We paid more than 720 million euros
On the other hand, Germany’s exports to all EU countries and developed countries decreased. Turkey compared to the first four months of 2019, Germany imported 720 million euros more than goods. In the same period, Turkey’s exports to Germany fell by 9.2 percent. Airplanes work, tourism kıpırdamazk which, moreover, from Turkey to Germany last year imported more than what is unknown.
German imports in the same period decreased by 21.6 percent. Germany exports about 1 trillion 328 billion Euros a year. It imports 1 trillion 105 billion Euros and has an average foreign trade surplus of 223 billion Euros.
