Trade in Goods

Challenges caused by Brexit

In 2016, goods worth €467 billion have been traded between the UK and the EU27. Brexit will cause significant distortions to these tight trade relations. Therefore, German business urges negotiators to avoid a “hard Brexit” and to allow for a transition period in order to create business certainty. Also, to ensure frictionless EU-UK trade, a deep integration between the EU and the UK should be maintained, and customs should be facilitated.