Trade turnover between Germany and Russia dropped sharply in 2023. This was reported by TASS Referring to data from analysts of the Federal Statistical Office (FSO).
During the year, exports of German goods to Russia decreased by 38.8% to 8.9 billion Euros, and imports from Russia to Germany decreased by 90% to 3.7 billion Euros.
Experts say that imports from the Russian Federation reached 36.4 billion euros in 2022, explaining this dynamic with the sanctions imposed on Russia due to the events in Ukraine.
Due to the decrease in trade with the Russian Federation, Ukraine surpassed Germany in terms of trade turnover for the first time. In September 2023, trade between Ukraine and Germany reached 840 million euros, while for Russia this figure was 810 million euros.
Before that, it was known that there was Russia. is Leader in terms of growth in trade turnover with China in 2023. Director of the First Department for Asia Ivan Zhelohovtsev emphasized that the country significantly surpasses the main partners of the PRC in this indicator. The trade turnover between Russia and China is estimated at about 20 trillion rubles, or about 1.6 trillion yuan, and more than 90% of payments are made in national currencies.
It was previously reported that the trade turnover between the Russian Federation and China was ahead of schedule. overcome target 2024.