1. Home
  2. Studies
  3. The Market Environment for German Exports in the Shadow of the Coronavirus Pandemic
Hubertus Bardt / Sonja Beer IW-Trends No. 3 10. July 2020 The Market Environment for German Exports in the Shadow of the Coronavirus Pandemic

The corona pandemic has led to a severe economic downturn worldwide, with the global economy about to experience its most dramatic contraction of the last seven decades.

Download PDF
The Market Environment for German Exports in the Shadow of the Coronavirus Pandemic
Hubertus Bardt / Sonja Beer IW-Trends No. 3 10. July 2020

The Market Environment for German Exports in the Shadow of the Coronavirus Pandemic

IW-Trends

Download PDF

Share this article:

or copy the following link:

The link was added to your clipboard!

German Economic Institute (IW) German Economic Institute (IW)

The corona pandemic has led to a severe economic downturn worldwide, with the global economy about to experience its most dramatic contraction of the last seven decades.

For an export-oriented economy like Germany's, this means a sharp drop in international demand, and the present article attempts to assess the potential ramifications for selected branches of German industry. Recently, in fact, export risks have actually declined. While at the beginning of April almost half the usual export volume was still destined for high-risk countries where the Coronavirus was widespread and increasingly virulent, by the first half of June this proportion had fallen to a mere 13 per cent. Nevertheless, the severe economic disruption in many countries is leading to a decline in trade volumes. More than half of German manufacturing’s export markets will shrink by at least 6 per cent this year, clearly demonstrating that the macroeconomic market environment for German exports has deteriorated enormously as a result of the Coronavirus pandemic.

Download PDF
The Market Environment for German Exports in the Shadow of the Coronavirus Pandemic
Hubertus Bardt / Sonja Beer IW-Trends No. 3 10. July 2020

Hubertus Bardt / Sonja Beer: Das Marktumfeld der deutschen Exportwirtschaft im Schatten der Corona-Pandemie

IW-Trends

Download PDF

German Economic Institute (IW) German Economic Institute (IW)

Share this article:

or copy the following link:

The link was added to your clipboard!

More on the topic

Read the article
Security Policy and Defense Capability after the Russian Invasion of Ukraine
Klaus-Heiner Röhl / Hubertus Bardt / Barbara Engels IW-Policy Paper No. 4 15. August 2022

A new era for the Defense Economy?

The Russian attack on Ukraine has brought the question of the German Armed Forces’ operational capability back into focus. National defence, which seemed to play only a minor role with the end of the Cold War and the dissolution of the Warsaw Pact and the ...

IW

Read the article
Hubertus Bardt IW-Report No. 41 8. November 2021

Industry, climate protection and trade: Balancing different costs and prices for industrial climate protection

In interrelated markets for exchangeable goods there is - apart from transaction costs - only one single price. In contrast, international climate protection is characterized by very different prices for greenhouse gas emissions.

IW

More about this topic

Content element with id 8880 Content element with id 9713