{"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\tIndustry alliance urges swift implementation of PPWR\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tNumerous associations and companies are simultaneously warning of regulatory uncertainty.\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\tAluminium foil market starts weakly into 2026\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tWithin Europe, deliveries fell by 4.3 percent in the first quarter.\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\t20 EU countries are behind in implementing green claims\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe directive has immediate implications for the design of packaging for manufacturers and brand owners.\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\tVMV calls for cost-oriented licence fees in packaging law\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tThe Metal Packaging Association has called for a stronger alignment of participation fees with actual recycling costs.\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\tEU Commission clears way for Packaging Act\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tWith the removal of the extended standstill period, the risk of a time lag between the PPWR's entry into force and the necessary adjustments to national law decreases.\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\tGhana bans Styrofoam products from 2027\t\t\t<\/a>\n\t\t<\/h3>\n\t\t\t\t
\n\t\t\tFor the packaging industry, the ban means massive adjustments, particularly in the foodservice and takeaway segments.\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":["post-61662","post","type-post","status-publish","format-standard","has-post-thumbnail","category-maerkte","tag-bga","tag-markt","cs-entry","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}]}}