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Pricing

2022
Flag → Flag
Exports $15.5BRnk N/A / N/A
2022
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Top Product $2.59BPackaged Medicaments
2022
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Exports $27.7BRnk 3 / 138
2022
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Top Product $11.5BCrude Petroleum
2022
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Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
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GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
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 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
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GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
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GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Germany-Russia In 2022, Germany exported $15.5B to Russia. The main products that Germany exported to Russia are Packaged Medicaments ($2.59B), Medical Instruments ($599M), and Cars ($575M). During the last 27 years the exports of Germany to Russia have increased at an annualized rate of 3.26%, from $6.51B in 1995 to $15.5B in 2022.

In 2022, Germany did not export any services to Russia.

Russia-Germany In 2022, Russia exported $27.7B to Germany. The main products that Russia exported to Germany were Crude Petroleum ($11.5B), Refined Petroleum ($5.19B), and Coal Briquettes ($2.9B). During the last 27 years the exports of Russia to Germany have increased at an annualized rate of 5.79%, from $6.06B in 1995 to $27.7B in 2022.

In 2022, Russia did not export any services to Germany.

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €606M and imported €207M from Russia, resulting in a positive trade balance of €400M. Between January 2023 and January 2024 the exports of Germany have decreased by €-289M (-32.3%) from €896M to €606M, while imports decreased by €-827M (-80%) from €1.03B to €207M.

Trade In January 2024, the top exports of Germany to Russia were Pharmaceutical products (€290M), Medical, surgical equipment, orthopaedic apparatus (€46M), Agricultural machinery (incl. tractors) (€43.9M), Other chemical final products (€36.7M), and Other machinery (€33.7M). In January 2024 the top imports of Germany from Russia were Mineral oil products (€601M), Semi-finished products of other base metals (€46.9M), Nickels and nickel alloys, incl. waste,... (€40.2M), Fertilizers (€34.4M), and Aluminium and aluminium alloys, incl. waste,... (€33.6M).

Origins In January 2024 the exports of Germany were mainly from North Rhine-Westphalia (€82.7M), Bavaria (€65.4M), Baden-Württemberg (€64.3M), Lower Saxony (€46.1M), and Hesse (€34.6M), while imports destinations were mainly N/A.

Growth In January 2024, the decrease in Germany's year-by-year exports to Russia was explained primarily by an decrease in product exports in Chassis, bodies, engines etc. for motor... (€-146M or -93.6%), Motor cars and motor caravans (€-130M or -85.3%), and Machinery for electricity production, distribution (€-74.7M or -88.7%). In January 2024, the decrease in Germany's year-by-year imports  from Russia was explained primarily by an decrease in product imports  in N/A.

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-289M(-32.3%)
IMPORT GROWTH (January 2023 - January 2024)€-827M(-80%)
MAIN EXPORTER (January 2024)North Rhine-Westphalia€82.7M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Russia and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $15.5B to Russia. The main products exported from Germany to Russia were Packaged Medicaments ($2.59B), Medical Instruments ($599M), and Cars ($575M). During the last 27 years the exports of Germany to Russia have increased at an annualized rate of 3.26%, from $6.51B in 1995 to $15.5B in 2022.

In 2022, Russia exported $27.7B to Germany. The main products exported from Russia to Germany were Crude Petroleum ($11.5B), Refined Petroleum ($5.19B), and Coal Briquettes ($2.9B). During the last 27 years the exports of Russia to Germany have increased at an annualized rate of 5.79%, from $6.06B in 1995 to $27.7B in 2022.

Exports from Germany (Flag) to Russia (Flag) (2022)

Exports from Russia (Flag) to Germany (Flag) (2022)

Comparative Advantage Germany - Russia

Flow
Scale

This chart compares trade between Germany and Russia by product, considering products traded by both, Germany and Russia.

During 2022, Germany had a large net trade with Russia in the exports of Chemical Products ($4.66B), Machines ($3.87B), and Transportation ($1.31B).

During 2022, Russia had a large net trade with Germany in the exports of N/A.

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Germany.

Product Space of Germany (Flag) and Russia (Flag) (2022)

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