Germany boosts exports to Russia 18.9% MoM in July, cuts imports 6.5%

MOSCOW. Sept 6 (Interfax) - Germany boosted exports to Russia 18.9% month-on-month to 705.5 million euros in July 2024, according to data from the German Federal Statistical Office, Destatis.

Germany cut imports from Russia 6.5% month-on-month to 147.3 million euros in July.

Exports to Russia fell 6.5% year-on-year in July 2024, and imports dropped 37.5% year-on-year in the reporting period.

Exports to Russia fell 22.4% year-on-year in January-July 2024, and imports plunged 56% in the reporting period.