BERLIN—Britain is on course to lose its status as one of Germany’s top 10 trading partners this year for the first time since 1950, as Brexit-related trade barriers drive firms in Europe’s largest economy to look for business elsewhere.
Britain left the European Union’s single market at the end of 2020, following more than four years of wrangling over the terms of its divorce during which corporate Germany had already begun to reduce ties with the UK.
