German trade with Russia nosedives – data ...News

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German trade with Russia nosedives – data
Both imports and exports have been in decline, statistical agency Destatis says Germany reduced exports to Russia in February by 14.3% to €900 million ($984 million) compared to the previous month, according to the Federal Statistical Office (Destatis). Data showed on Tuesday that imports from Russia plummeted by 67.2% month-on-month to €300 million ($328 million). The overall volume of German exports to Russia in January-February was nearly 60% lower than during the same period a year ago, while imports declined 82.8%. In 2022, the supply of German products to Russia stood at around $16.3 billion. Imports of Russ

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