German exports to Britain and the United States dropped sharply in the third quarter, data from the Federal Statistics Office obtained by Reuters showed on Friday, highlighting the impact of the Brexit vote and the U.S. presidential race on trade.
Exports to Britain, Germany’s third-largest export market, were down 4.7 percent in the July-Sept period compared with last year, when they rose by some 11 percent in the third quarter.
Exports to the United States, Germany’s biggest trading partner, fell by 10.5 percent year-on-year in the third quarter, the data showed. They also fell by 6.3 percent in the first nine months of this year.
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