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German exports could rebound by up to 13% next year – BGA

Containers are seen at the loading terminal Altenwerder in the harbour of Hamburg

BERLIN (Reuters) – Germany’s BGA trade association said on Tuesday that exports could grow by up to 13% next year, but it added that such forecasts had to be taken with a lot of caution as nobody could predict the development of the coronavirus pandemic.

This means that German exports, an important driver of overall growth in Europe’s largest economy, will probably reach their pre-crisis level by summer 2022, BGA President Anton Boerner said.

(Reporting by Michael Nienaber; Editing by Riham Alkousaa)

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