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  3. German imports from Russia fell 95% since war in Ukraine

German imports from Russia fell 95% since war in Ukraine

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  • microwave@lemmy.worldM This user is from outside of this forum
    microwave@lemmy.worldM This user is from outside of this forum
    [email protected]
    wrote on last edited by
    #1

    Last year, Germany imported nearly 94.6% fewer goods from Russia than before the war in Ukraine began. On Wednesday, the Federal Statistical Office, Destatis, reported that goods worth €1.8 billion (around $2 billion) were imported from Russia in 2024. In 2021, before the EU's 17 sanctions packages against Russia, imports amounted to €33.1 billion.

    Exports to Russia also fell significantly, by 71.6%. In 2024, Germany supplied Russia with goods worth €7.6 billion, compared to €26.6 billion in 2021. Russia's share of total imports to Germany fell to just over 0.1% in 2024, compared to 2.8% before the Moscow's full-scale invasion of Ukraine began.

    Last year, Germany achieved its largest export surplus with Russia since the collapse of the Soviet Union in 1991. Exports exceeded imports by €5.8 billion — the fourth time since 1993 that there was an export surplus, after 2023, 2020, and 1993.

    ckmnstr@lemmy.worldC gedaliyah@lemmy.worldG 2 Replies Last reply
    29
    • microwave@lemmy.worldM [email protected]

      Last year, Germany imported nearly 94.6% fewer goods from Russia than before the war in Ukraine began. On Wednesday, the Federal Statistical Office, Destatis, reported that goods worth €1.8 billion (around $2 billion) were imported from Russia in 2024. In 2021, before the EU's 17 sanctions packages against Russia, imports amounted to €33.1 billion.

      Exports to Russia also fell significantly, by 71.6%. In 2024, Germany supplied Russia with goods worth €7.6 billion, compared to €26.6 billion in 2021. Russia's share of total imports to Germany fell to just over 0.1% in 2024, compared to 2.8% before the Moscow's full-scale invasion of Ukraine began.

      Last year, Germany achieved its largest export surplus with Russia since the collapse of the Soviet Union in 1991. Exports exceeded imports by €5.8 billion — the fourth time since 1993 that there was an export surplus, after 2023, 2020, and 1993.

      ckmnstr@lemmy.worldC This user is from outside of this forum
      ckmnstr@lemmy.worldC This user is from outside of this forum
      [email protected]
      wrote on last edited by
      #2

      Wonder how much longer Vlad can afford those troll farms...

      C S 2 Replies Last reply
      1
      • microwave@lemmy.worldM [email protected]

        Last year, Germany imported nearly 94.6% fewer goods from Russia than before the war in Ukraine began. On Wednesday, the Federal Statistical Office, Destatis, reported that goods worth €1.8 billion (around $2 billion) were imported from Russia in 2024. In 2021, before the EU's 17 sanctions packages against Russia, imports amounted to €33.1 billion.

        Exports to Russia also fell significantly, by 71.6%. In 2024, Germany supplied Russia with goods worth €7.6 billion, compared to €26.6 billion in 2021. Russia's share of total imports to Germany fell to just over 0.1% in 2024, compared to 2.8% before the Moscow's full-scale invasion of Ukraine began.

        Last year, Germany achieved its largest export surplus with Russia since the collapse of the Soviet Union in 1991. Exports exceeded imports by €5.8 billion — the fourth time since 1993 that there was an export surplus, after 2023, 2020, and 1993.

        gedaliyah@lemmy.worldG This user is from outside of this forum
        gedaliyah@lemmy.worldG This user is from outside of this forum
        [email protected]
        wrote on last edited by
        #3

        Don't worry, they are just laundering them through Turkiye 😞

        N 1 Reply Last reply
        4
        • ckmnstr@lemmy.worldC [email protected]

          Wonder how much longer Vlad can afford those troll farms...

          C This user is from outside of this forum
          C This user is from outside of this forum
          [email protected]
          wrote on last edited by
          #4

          Unfortunately those are insanely cheap to operate for how effective they are. If anything they'll invest even more in hacker groups and the like to generate income similar to the North Korean model. Though the Russian economy looks extremely dire. They can only keep up appearances for so long until inflation spirals out of control. A war economy needs meaningful military accomplishments to function and so far they've had none to really speak of. At least not compared to what they have to give up for it.

          ckmnstr@lemmy.worldC 1 Reply Last reply
          0
          • C [email protected]

            Unfortunately those are insanely cheap to operate for how effective they are. If anything they'll invest even more in hacker groups and the like to generate income similar to the North Korean model. Though the Russian economy looks extremely dire. They can only keep up appearances for so long until inflation spirals out of control. A war economy needs meaningful military accomplishments to function and so far they've had none to really speak of. At least not compared to what they have to give up for it.

            ckmnstr@lemmy.worldC This user is from outside of this forum
            ckmnstr@lemmy.worldC This user is from outside of this forum
            [email protected]
            wrote on last edited by
            #5

            Yeah well, one can dream

            1 Reply Last reply
            0
            • gedaliyah@lemmy.worldG [email protected]

              Don't worry, they are just laundering them through Turkiye 😞

              N This user is from outside of this forum
              N This user is from outside of this forum
              [email protected]
              wrote on last edited by
              #6

              Can't have shit in Turkiye...

              All because of [no, i'm not gonna say his name]

              1 Reply Last reply
              1
              • ckmnstr@lemmy.worldC [email protected]

                Wonder how much longer Vlad can afford those troll farms...

                S This user is from outside of this forum
                S This user is from outside of this forum
                [email protected]
                wrote on last edited by
                #7

                I think if they all shut down yesterday, the damage is done. it's just 'regular discourse' now

                1 Reply Last reply
                1
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