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At first, yes, but by 1941, there was a clear British naval advantage. The Nazis’ naval advantage only existed briefly due to some clever weapons like the magnetic mine. Once the British tactically adjusted, they gained naval superiority. The sinking of the Bismarck was a clear indicator of British naval superiority overall. Now, there were some areas of German naval superiority such as in U-boat technology, but I think these gaps were short-lived.
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