German imports from Russia down over 90% in war’s 1st year

Advertisement

Advertise with us

BERLIN (AP) — Germany's imports from Russia fell by more than 90% in the first year of Moscow's war in Ukraine, largely as a result of the collapse of Russian energy deliveries to Europe's biggest economy, official figures showed Thursday.

Read this article for free:


or

Already have an account? Log in here »

To continue reading, please subscribe:

Subscribe and receive a limited-edition Free Press branded hat or tote.

Digital Subscription

One year of digital access for only $205*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles

*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.

To continue reading, please subscribe:

Add Free Press access to your Brandon Sun subscription for only an additional

$1 for the first 4 weeks*

  • Enjoy unlimited reading on winnipegfreepress.com
  • Read the E-Edition, our digital replica newspaper
  • Access News Break, our award-winning app
  • Play interactive puzzles
Start now

*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.

Hey there, time traveller!
This article was published 13/04/2023 (1242 days ago), so information in it may no longer be current.

BERLIN (AP) — Germany’s imports from Russia fell by more than 90% in the first year of Moscow’s war in Ukraine, largely as a result of the collapse of Russian energy deliveries to Europe’s biggest economy, official figures showed Thursday.

The Federal Statistical Office said Germany imported goods worth 300 million euros ($329 million) in February, down from 3.7 billion euros a year earlier. That was a 91% fall, and dropped Russia from the 11th-biggest source of imports to 46th place.

Russia’s full-scale invasion of Ukraine on Feb. 24, 2022 triggered several rounds of Western sanctions.

Its relations with the West chilled even in areas that weren’t directly subject to sanctions, such as natural gas. Moscow, which once supplied more than half of Germany’s gas, reduced and then stopped gas deliveries to the country last summer.

The statistics office said imports of Russian oil and gas were down 99.8% in the year to February, falling to 4.2 million euros from 2.2 billion euros. Germany’s overall imports of oil and gas this February totaled 6 billion euros.

Coal imports dropped 92.5%, to 26 million euros from 347 million euros.

Meanwhile, Germany exported goods to the tune of 800 million euros to Russia in February, down from 2.1 billion euros a year earlier. That was a 60.5% decline.

The statistics office didn’t give details of what is still being imported and exported.

___

Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine-war

Report Error Submit a Tip

Business

LOAD BUSINESS ARTICLES