The Association of German Chambers of Industry and Commerce (DIHK) sees some relief along the supply chain. “Some hope has been raised by lower container prices and higher container throughput at European ports,” DIHK Foreign Trade Director Volker Treier told Reuters. The German Federal Statistical Office previously published positive foreign trade numbers. Exports to China increased significantly. They rose by 2.9 percent in August to €9.2 billion. Overall, strong demand from the United States and China more than made up for the shrinking business with EU countries plagued by the energy crisis.
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