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BERLIN, June 13 (Reuters) – German commerce with China in April was little affected by COVID-19 lockdowns and consequent disarray in provide chains, the Federal Statistics Workplace mentioned on Monday.
Germany imported items price 16.7 billion euros ($17.5 billion) from China in April, up 52.8% on a yr earlier, mentioned the statistics workplace. Importation of chemical merchandise, up six-fold, notably drove the rise, however different product teams additionally rose significantly.
Exports to China in April, then again, have been down 1.5% from a yr earlier than at 8.3 billion euros, based on the workplace.
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“German overseas commerce in April 2022 was nonetheless largely unaffected by the Covid-19 lockdowns within the Folks’s Republic of China and the associated disruptions in freight transport,” it mentioned.
Imports from Russia additionally rose sharply for a second consecutive month for the reason that starting of the warfare in Ukraine, rising by 41.9% to three.7 billion euros in April, mentioned the workplace.
Crude oil and pure fuel have been crucial import items from Russia, rising in worth phrases by 37.8% to 2.2 billion euros, mentioned the workplace.
“The will increase within the worth of imports are primarily because of the larger costs – particularly within the vitality sector,” mentioned the workplace, which added that the amount of products imported from Russia in April was down 26.1% on a yr earlier.
($1 = 0.9540 euros)
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Reporting by Rene Wagner; Writing by Miranda Murray; Enhancing by Bradley Perrett
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