Referendumin the UK on 23 June 2016 The result of the referendumin the UK on 23 June 2016 has led to an abrupt change in general conditions for the sector ,despite the fact that the UK government has not yet formally ap- plied to withdrawfromthe EU. In an initial reaction,Read More →
Chemical industry The German chemical industry is a heavily export-driven sector, with nearly 60% of sales generated abroad, and goods worth EUR 108bn exported (2015) . Of this, goods worth nearly EUR 6bn are sold in the UK. Accounting for a proportion of 5. 5% of sector exports, the UKRead More →
The UK accounts The UK accounts for a small proportion – recently around 2%– of food and animal feed imports from all countries. It is not one of the most important countries of origin in any of the major product groups. However, based on the high levels of imports ofRead More →
Weaker import demand Weaker import demand from the UK from 2017 can thus be expected to impact negatively on the German food industry to some extent via the trade channel; however, this would probably be cushioned by the sector’ s comparatively low export focus (ratio of foreign sales in 2015:Read More →
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