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Chinese imports plunge 30% to 40% after EU tax on small parcels (www.euronews.com)
submitted 1 day ago by to c/buyeuropean@feddit.uk
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Since 1 July, the EU has levied a โ‚ฌ3 customs duty on parcels worth under โ‚ฌ150 and the measure is already biting as imports, especially from China, have slumped by 30% to 40%.

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[โ€“] 33 points 1 day ago* (1 child)

Which... Is the case?

the number of small parcels imported into the EU has fallen by 30 to 40% since the introduction of the tax.

Between June and July, sales volumes slumped on Temu (-50%) and AliExpress (-37%).

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  • [โ€“] 2 points 15 hours ago

    Ok, i misunderstood the title. I though it meant plunged (from) 30 to 40, not plunged (by) 30 to 40 percent.

    With the two numbers, i interpreted that the value has changed from one to the other, not that it decreased by a range of values. It seemed more intuitive to me.

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