China’s exports to Germany are growing rapidly

Despite material bottlenecks and disrupted supply chains, German exporters recovered significantly from the 2020 Covid shock last year – and increased their exports to the People’s Republic. Exports to China increased by 8.1 percent to €103.6 billion, the Federal Statistical Office reported Wednesday. However, Germany’s largest export destination remained the United States, at €122.1 billion, followed by China. Most of Germany’s imports in 2021, however, came from the People’s Republic. Goods worth €141.7 billion were imported, an increase of 20.8 percent compared to the previous year.