First official snapshot comes after collapse of export volumes in first month of Brexit deal
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Trade between the UK and Germany slumped in January amid the economic fallout from Brexit and the Covid-19 pandemic in the first month after leaving the EU, according to official figures.
Germany’s federal statistics body said imports from the UK fell by more than 56% to €1.6bn (£1.4bn) in January from the same month a year ago, after the end of the Brexit transition period and start of the new trading relationship between Britain and the EU.
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