Flag Germany / Russia Flag

Exports Flag → Flag  (2018): $30.8B, Rnk 13 / 216

Top Product Flag → Flag (2018): $1.86B, Cars

Exports Flag → Flag (2018): $23.3B, Rnk 3 / 187

Top Product Flag → Flag (2018): $11.7B, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.9, Rnk 4 / 137

Economic Complexity of Flag (2018): ECI 0.6, Rnk 41 / 137

GDP Flag (2018): $3.95T, CURRENT US$
Rnk 4 / 196

GDP GROWTH Flag (2008-2018): 5.83%, CURRENT US$
Rnk 153 / 196

GDP Flag (2018): $1.66T, CURRENT US$
Rnk 11 / 196

GDP GROWTH Flag (2008-2018): -0.2%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $47,603, CURRENT US$
Rnk 18 / 196

GDP PC GROWTH Flag (2008-2018): 4.79%, CURRENT US$
Rnk 131 / 196

GDP PC Flag (2018): $11,289, CURRENT US$
Rnk 69 / 196

GDP PC GROWTH Flag (2008-2018): -2.98%, CURRENT US$
Rnk 157 / 196

Germany-Russia: In 2018, Germany exported $30.8B to Russia. The main products exported from Germany to Russia were Cars ($1.86B), Packaged Medicaments ($1.8B), and Vehicle Parts ($1.63B). During the last 23 years the exports of Germany to Russia have increased at an annualized rate of 6.98%, from $6.51B in 1995 to $30.8B in 2018. In 2017, Germany exported services to Russia worth $1.8B, with Computer and information services ($618M), Other business services ($481M), and Transportation ($442M) being the largest in terms of value.

Russia-Germany: In 2018, Russia exported $23.3B to Germany. The main products exported from Russia to Germany were Crude Petroleum ($11.7B), Refined Petroleum ($3.82B), and Coal Briquettes ($1.64B). During the last 23 years the exports of Russia to Germany have increased at an annualized rate of 5.97%, from $6.13B in 1995 to $23.3B in 2018. In 2018, Russia exported services to Germany worth $3.17B, with Other business services ($1.03B), Travel ($987M), and Transportation ($563M) being the largest in terms of value.

Comparison: In 2018, Germany ranked 4 in the Economic Complexity Index (ECI 1.9), and 2 in total exports ($1.5T). That same year, Russia ranked 41 in the Economic Complexity Index (ECI 0.6), and 13 in total exports ($427B). In terms of GDP Per Capita, Germany was ranked 18 with a GDP Per Capita of $47,603, and Russia was ranked 69 with a GDP Per Capita of $11,289.

Bilateral Trade by Products

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Depth
Value

In 2018, Germany exported $30.8B to Russia. The main products exported from Germany to Russia were Cars ($1.86B), Packaged Medicaments ($1.8B), and Vehicle Parts ($1.63B). During the last 23 years the exports of Germany to Russia have increased at an annualized rate of 6.98%, from $6.51B in 1995 to $30.8B in 2018.

In 2018, Russia exported $23.3B to Germany. The main products exported from Russia to Germany were Crude Petroleum ($11.7B), Refined Petroleum ($3.82B), and Coal Briquettes ($1.64B). During the last 23 years the exports of Russia to Germany have increased at an annualized rate of 5.97%, from $6.13B in 1995 to $23.3B in 2018.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $132B

Russia
Top Destination
: China, $55.2B

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 2018, countries that imported more from Germany than Russia were United States ($132B), France ($121B), and United Kingdom ($93.4B).

In 2018, countries that imported more from Russia than Germany were Belarus ($21.6B), Kazakhstan ($13B), and Egypt ($7.75B).

Comparative Advantage Germany - Russia

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Depth

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

During 2018, Germany had a large net trade with Russia in the exports of Machines ($10.8B), Transportation ($5.67B), and Chemical Products ($4.89B).

During 2018, Russia had a large net trade with Germany in the exports of Mineral Products ($17.5B), Metals ($2.57B), and Chemical Products ($617M).

Tariff Section

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This sections shows import tariffs for products traded between Germany and Russia (using the HS6 product classification and the last year reported).

In 2017, the products from Germany that paid the highest import tariffs to enter Russia were Sugar beet (178%) and Whey (173%).

In 2018, the products from Russia that paid the highest import tariffs to enter Germany were Undenatured ethyl alcohol > 80% by volume (100%) and Ethyl alcohol and other spirits, denatured (100%).

Explore Tariff Data

*The tariffs present between Germany and Russia are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Germany and Russia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2017, Germany exported services to Russia worth $1.8B, with Computer and information services ($618M), Other business services ($481M), and Transportation ($442M) being the largest in terms of value.

In 2018, Russia exported services to Germany worth $3.17B, with Other business services ($1.03B), Travel ($987M), and Transportation ($563M) 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 red.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Russia. Similarly, the more red a dot/product is, the more Russia has comparative advantage over Germany.