24 February 2023
In the first nine months, China’s furniture exports to the European Union increased by 21% compared to the preceding year to €11.764bn. Development varied across the individual quarters. After an increase of 40% in the first quarter, exports declined by 14% in the second. High corona infection figures and the lockdowns imposed by the Chinese government in this context likely played a role in the decline. For the third quarter, export trade statistics published by Eurostat show there was again a significant increase of 70% to €3.397bn.
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