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German engineering exports to see double-digit decline in second quarter: VDMA - Metro US

German engineering exports to see double-digit decline in second quarter: VDMA

General view at the container terminal Eurokai in the port in Hamburg

BERLIN (Reuters) – German engineering association VDMA on Monday said it expected exports to fall by a double-digit figure in the second quarter as the coronavirus take its toll on the sector.

It said engineering exports fell by 6.6% to 41.9 billion euros ($45.27 billion) in the first three months of 2020 compared to the previous year.

($1 = 0.9256 euros)

(Reporting by Riham Alkousaa; Editing by Michelle Martin)

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