EconomyGermany's exports to Russia fell almost 60 percent in...

Germany’s exports to Russia fell almost 60 percent in October

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The national flag of Germany on the Bundestag building in Berlin. archive photo

Destatis: Germany’s exports to Russia fell 59.2 percent to one billion euros in October

BERLIN, 21 November – RIA Novosti. German statistics office Destatis said that in October 2022, Germany’s exports to Russia fell by 59.2% compared to October last year, to 1 billion euros.

Germany’s exports to the Russian Federation decreased by 59.2% compared to October 2021 to 1.0 billion euros, as a result of the war in Ukraine and the sanctions imposed on Russia.

Thus, in October 2022, Russia ranked 12th among non-EU countries to which German exports go. In February 2022, Russia took 5th place in this indicator.

The United States ranks first among non-EU countries where product deliveries from Germany are sent. In October this year, Germany’s exports to the United States increased by 28.1% compared to the same period of 2021, reaching 13.9 billion euros.

Source: Ria

Emma
Emma
I am Emma Sickels, a highly experienced journalist specializing in news and economy. As an author at News Unrolled, I cover the latest trends in the economic sector and provide readers with valuable insights into its complexities. My work has been featured in various media outlets such as The New York Times, USA Today, Bloomberg Businessweek and many more.

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