German imports from Russia grow 29.5% in first nine months of 2022: report

In the first nine months of this year, Germany's exports to Russia decreased by 39 percent to EUR 11.8 billion, but the country's imports from Russia increased by 29.5 percent to EUR 30.2 billion, despite Western sanctions on Moscow, according to data cited by a Polish newspaper.

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In September, Germany's exports to Russia fell by 5.6 percent from August to EUR 1 billion, while its imports from Russia decreased by 33.1 percent in month-on-month terms to EUR 1.8 billion, the Rzeczpospolita newspaper reported, citing Germany's Federal Statistical Office.

Meanwhile, The New York Times newspaper has reported that, while Russia’s exports to the United States, Britain and other countries have fallen this year, its trade with China, India, Turkey and even Belgium and the Netherlands has boomed, in part due to higher energy prices.

While Russia’s exports to the U.S., the United Kingdom and other markets have fallen, its trade with China, India, Turkey and even Belgium and the Netherlands has boomed, driven in part by higher energy prices this year. https://t.co/MJLmBYdzzV pic.twitter.com/dbc4VYtSXw

— The New York Times (@nytimes) November 2, 2022

According to Polish state news agency PAP, the total value of Russia’s exports has grown since its February 24 invasion of Ukraine.

„Jak Rosja finansuje swoją wojnę”

> dzięki skokowemu wzrostowi obrotów handlowych z krajami które unikają sankcji

⬇️ https://t.co/3YyQOBFR3X

— Jacek Saryusz-Wolski (@JSaryuszWolski) November 2, 2022

Thursday is day 253 of the Russian invasion of Ukraine.

(gs)

Source: rp.pl