Posted on May 9, 2023

The value of China’s imports fell sharply last month as the economy’s post-pandemic recovery showed signs of slowing down. Imports fell 7.9 percent in April from a year earlier, widely outpacing a 1.4-percent contraction in March.

Weaker imports of steel, crude oil and plastics indicated slow domestic demand and a floundering economy.

Exports grew 8.5 percent during the same period. It was a recovery from last year, when strict coronavirus lockdowns were in force in Shanghai and elsewhere in the country.

Russia-bound exports were up roughly 150 percent, helping push the number higher.

Vietnam Sweden freight Denmark Hong Kong waste Switzerland Swedish Brexit Sweden containers Seafreight Norway India Spain export freight forwarding U.S.A Japan Germany wine China exporters Covid-19 Netherlands logistics South Africa Turkey Ireland freight Pakistan freight forwarders container cargo Finland Australia Poland exports shipping USA imports exports China logisitics Canada France air freight Gothenburg EU Freight Shipping rail freight italy