Germany-Russia Trade: In 2023, Germany exported $9.84B to Russia. The main products that Germany exported to Russia were Packaged Medicaments ($1.92B), Medical Instruments ($555M), and Vaccines, blood, antisera, toxins and cultures ($426M). Over the past 5 years the exports of Germany to Russia have decreased at an annualized rate of 19.1%, from $28.5B in 2018 to $9.84B in 2023.
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 Trade: In 2023, Russia exported $3.93B to Germany. The main products that Russia exported to Germany were Refined Petroleum ($689M), Titanium ($425M), and Raw Aluminium ($345M). Over the past 5 years the exports of Russia to Germany have decreased at an annualized rate of 32.3%, from $27.5B in 2018 to $3.93B in 2023.
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 2023, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).