exported electrical equipment worth EUR3. 4bn to the UK

A more negative economic trend caused by
the high level of uncertainty associated with Brexit would
make customers more reluctant to spend money on electrical
installations. This is expected to cause problems for German
export business. There are glimmers of hope in the long term,
e. G. For suppliers in the energy sector.

Machinery worth EUR 8. 8bn ( a good 5% of German ma-
chinery exports) was delivered to the UK from Germany in
2015. The UK is a relatively important customer for German
producers and it does not have a focus on mechanical engi-
neering. German manufacturers therefore compete in the UK
mainly with international competitors who trade in currencies
other than the British pound, specifically from the USA and
China.