Germany imports less from Russia but pays more

Sep 13th 2022 4:56am EDT

Surging energy prices along with Berlin’s attempts to reduce trade ties with Moscow have led to an imbalance German imports from Russia saw a dramatic 45.8% year-on-year decline in July, data from the Federal Statistical Office of Germany showed on Monday. However, in monetary terms, German purchases of Russian products surged 10.2% to €2.9 billion […]

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