>>64000364>while actually increasing their reliance on german industiral goodsit's not like everyone stopped trading with Germany in the 1940s
well, on paper they did
the blockade from 39 to 45 was kinda trash and businesses just circumvented it through colones or uninvolved countries
Germany & Italy still had plenty of British, US, French etc. products and vice versa
more interesting they still honored oil / coal delivery contract
not like Russia today...
>>64000388if you look into the imports and exports it's vastly beneficial to Germany
we import mostly consumer electronics / goods, textiles and other really low margin, high volume stuff like base chemicals or metals
while we exports high margin machines, pharmaceutical / medical products, specialized electronics, cars etc.
what kinda turned got worse were capital flows
(that thing the current US gov doesn't understand)
for the last ~30y capital flows negated any deficit we had with China
now if got more equal and Germany is currently running an actual deficit in some years, in others it's still balanced though