Following Russia’s attack on Ukraine, Germany has witnessed a substantial increase in exports to the Commonwealth of Independent States (CIS) countries, excluding Russia. From January to April 2023, German goods worth 2.9 billion euros were exported to the CIS nations. The Federal Statistical Office (Destatis) has reported that these exports experienced a remarkable growth, surpassing the figures from the same period in the pre-war year of 2021 by 1.5 billion euros, representing a more than twofold increase of 106.4% (1.4 billion euros in 2021).
Conversely, exports to the Russian Federation declined significantly during the same period. In the first four months of 2023, exports to Russia amounted to 3.5 billion euros, compared to 8.4 billion euros in the corresponding period of 2021. This represents a substantial decrease of 4.9 billion euros or 58.3%. Notably, the decline in exports to Russia was nearly three times greater than the increase in exports to CIS countries.
The surge in exports to CIS countries was driven by notable growth in specific sectors. Motor vehicle exports to these nations experienced a remarkable five-fold increase, highlighting the robust demand for German automobiles in the region. Furthermore, exports of machinery and chemical products also recorded significant growth, contributing to the overall rise in exports to the CIS countries.
The data indicates a shifting trade landscape for Germany, as the geopolitical situation in the region continues to evolve. For a comprehensive analysis and detailed information, please refer to the official reports from the Federal Statistical Office (Destatis).