Exports from the European Union fell by 10.2% year over year in euros in March as the industrial lockdowns caused by COVID-19 started to take effect. With many countries not having entered a full lockdown until April and with deeply negative sentiment among German businesses towards exports there may be worse data to come. In dollar terms the drop equates to a 12.1% slide, led by a 20.1% drop in exports from France. When added to data from 29 non-EU countries that means global export activity likely fell by 8.2% year over year in March. While the data for 11 countries that have reported ...