{"id":61662,"date":"2022-05-04T11:10:19","date_gmt":"2022-05-04T09:10:19","guid":{"rendered":"https:\/\/packaging-journal.de\/?p=61662"},"modified":"2022-05-04T11:10:19","modified_gmt":"2022-05-04T09:10:19","slug":"bga-truebe-prospects-in-foreign-trade","status":"publish","type":"post","link":"https:\/\/packaging-journal.de\/en\/bga-truebe-aussichten-im-aussenhandel\/","title":{"rendered":"BGA: Outlook for foreign trade continues to deteriorate"},"content":{"rendered":"
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According to the German Wholesale, Foreign Trade and Services Association (BGA), the supply chain disruptions caused by the war in Ukraine and the zero-covid strategy of the People's Republic of China are currently having a massive impact on foreign trade. The direct effects of the sanctions against Russia are visible in the foreign trade figures for the first time.<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Compared to the previous month Exports to the Russian Federation fell by 62 per cent in March<\/strong>. Delivery delays, failed supply chains and a 31 per cent increase in import prices in March are also weighing on the import side. On the export side, there is also the fact that the global uncertainty is also leading to a slump in demand on foreign markets<\/strong>. Exports to China have also fallen recently.<\/p>

\u201eIn this situation, companies are looking for new suppliers in order to be able to fulfil order books that are still full. For the majority of companies, however, it is not possible to replace suppliers at short notice. Furthermore high energy prices are a particular burden on competitiveness.<\/strong> Of course, the move towards a climate-neutral economy should be maintained. Nevertheless, the German government should refrain from imposing further burdens on supply chains through additional bureaucracy at this time and drive forward the diversification of supply chains through new trade agreements.\u201c<\/p>

Dr Dirk Jandura<\/strong>, President of the Federal Association of Wholesale, Foreign Trade and Services (BGA<\/a>)<\/p><\/blockquote>

The Federal Statistical Office published the foreign trade figures for March 2022 today. According to the figures, goods worth 120.6 billion euros were exported and goods worth 117.4 billion euros were imported. Exports therefore fell by 3.3 per cent compared to the previous month. Imports rose by 3.4 per cent compared to the previous month. Thus In March 2022, the foreign trade balance closed with a surplus<\/strong> of 3.2 billion euros.<\/p>

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Source:<\/em> BGA<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Markets - More news<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tThe VKU calls for an expansion of the single-use plastic fund.\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe Federal Environment Agency is currently reviewing around 2,000 performance reports received for the year 2024.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tBrand manufacturers call for improvements in the implementation of the PPWR\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tBusinesses are particularly critical of what they see as a lack of legal certainty in the implementation of the PPWR.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tPackaging deception: Court strengthens consumer rights\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe Bremen Regional Court has ruled against Mondelez for misleading packaging on Milka chocolate bars. The decision could have far-reaching consequences for the industry.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tDigiDot: A QR code for all of Europe\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tDigiDot, the digital sorting instruction for packaging, is now available across Europe. This innovation simplifies recycling through location-specific information.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tPackaging Price 2026 with extended submission deadline\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe German Packaging Institute (dvi) has extended the submission deadline for the German Packaging Award 2026.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t
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\n\t\t\t\n\t\t\t\tEUDR brings new clarity to packaging\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThis presents a differentiated picture for the packaging industry.\t\t<\/div>\n\t\t\n\t\t\n\t\t\tRead more \"\t\t<\/a>\n\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/article>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"According to the German Wholesale, Foreign Trade and Services Association (BGA), the supply chain disruptions caused by the war in Ukraine and the zero-covid strategy of the People's Republic of China are currently having a massive impact on foreign trade.","protected":false},"author":20,"featured_media":47477,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"__cvm_playback_settings":[],"__cvm_video_id":"","rank_math_description":"Laut BGA belasten die Lieferkettenunterbrechungen durch den Krieg in der Ukraine und die Null-Covid-Strategie Chinas den Au\u00dfenhandel derzeit massiv. ","rank_math_focus_keyword":"Au\u00dfenhandel","rank_math_title":"","_earpaper_enabled":false,"_earpaper_voice_id":"","_earpaper_audio_url":"","_earpaper_audio_id":"","_earpaper_article_id":"","_earpaper_status":"","_earpaper_error":"","_earpaper_duration":0,"_earpaper_generated_at":"","csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[111],"tags":[59385,36],"class_list":{"0":"post-61662","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-maerkte","8":"tag-bga","9":"tag-markt","10":"cs-entry","11":"cs-video-wrap"},"acf":[],"vimeo_video":null,"_links":{"self":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/61662","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/comments?post=61662"}],"version-history":[{"count":0,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/posts\/61662\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media\/47477"}],"wp:attachment":[{"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/media?parent=61662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/categories?post=61662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/packaging-journal.de\/en\/wp-json\/wp\/v2\/tags?post=61662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}