Flag Germany / Russia Flag

2020
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Exports
: $26.1B, Rnk 14 / 220

2020
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Top Product
: $1.49B, Packaged Medicaments

2020
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Exports
: $14.2B, Rnk 5 / 187

2020
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Top Product
: $6.38B, Crude Petroleum

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

2020
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GDP
: $3.85T, CURRENT US$
Rnk 4 / 195

2010-2020
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GDP GROWTH
: 13.3%, CURRENT US$
Rnk 133 / 195

2020
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 GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

2020
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GDP PC 
: $46,208, CURRENT US$
Rnk 19 / 195

2010-2020
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GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 107 / 195

2020
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GDP PC
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

Germany-Russia In 2020, Germany exported $26.1B to Russia. The main products that Germany exported to Russia are Packaged Medicaments ($1.49B), Cars ($1.23B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.18B). During the last 25 years the exports of Germany to Russia have increased at an annualized rate of 5.72%, from $6.51B in 1995 to $26.1B in 2020.

In 2020, Germany exported services to Russia worth $1.71B, with Other business services ($489M), Royalties and license fees ($448M), and Computer and information services ($368M) being the largest in terms of value.

Russia-Germany In 2020, Russia exported $14.2B to Germany. The main products that Russia exported to Germany were Crude Petroleum ($6.38B), Refined Petroleum ($2.22B), and Coal Briquettes ($864M). During the last 25 years the exports of Russia to Germany have increased at an annualized rate of 3.48%, from $6.03B in 1995 to $14.2B in 2020.

In 2020, Russia exported services to Germany worth $2.68B, with Transportation ($1.03B), Other business services ($955M), and Computer and information services ($344M) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $26.1B to Russia. The main products exported from Germany to Russia were Packaged Medicaments ($1.49B), Cars ($1.23B), and Motor vehicles; parts and accessories (8701 to 8705) ($1.18B). During the last 25 years the exports of Germany to Russia have increased at an annualized rate of 5.72%, from $6.51B in 1995 to $26.1B in 2020.

In 2020, Russia exported $14.2B to Germany. The main products exported from Russia to Germany were Crude Petroleum ($6.38B), Refined Petroleum ($2.22B), and Coal Briquettes ($864M). During the last 25 years the exports of Russia to Germany have increased at an annualized rate of 3.48%, from $6.03B in 1995 to $14.2B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $116B

Russia
Top Destination
: China, $49.3B

This map shows whether countries import more from Germany or Russia. Each country is colored based on the difference in imports they receive from Germany and Russia or the difference in the growth in imports.

In 2019, countries that imported more from Germany than Russia were United States ($116B), France ($101B), and Austria ($64.4B).

In 2019, countries that imported more from Russia than Germany were Belarus ($15.8B), Kazakhstan ($13.8B), and Uzbekistan ($4.29B).

Comparative Advantage Germany - Russia

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Flow

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

During 2020, Germany had a large net trade with Russia in the exports of Machines ($9.59B), Chemical Products ($4.38B), and Transportation ($3.58B).

During 2020, Russia had a large net trade with Germany in the exports of Mineral Products ($9.72B), Metals ($1.44B), and Precious Metals ($879M).

Bilateral Service Trade

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In 2020, Germany exported services to Russia worth $1.71B, with Other business services ($489M), Royalties and license fees ($448M), and Computer and information services ($368M) being the largest in terms of value.

In 2020, Russia exported services to Germany worth $2.68B, with Transportation ($1.03B), Other business services ($955M), and Computer and information services ($344M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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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.