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Germany: in May exports down 0.5% on April 2022

Imports rose by 2.7 percent

04 July, 10:01
(ANSA) - BELGRADE, JUL 4 - On a calendar and seasonally adjusted basis, German exports fell by 0.5 percent in May 2022, while imports rose by 2.7 percent, according to preliminary data from the German Federal Statistical Office (Destatis). Exports increased by 11.7 percent and imports increased by 27.8 percent from May 2021. Exports to the Russian Federation increased by 29.4 percent to 1.0 billion euros in May 2022 compared to April 2022, after falling by nearly 60 percent in March 2022 compared to February 2022 and by 9.9 percent in April 2022 compared to March 2022. They were 54.6 percent lower than in May 2021.

Imports from Russia fell 9.8 percent to 3.3 billion euros in May 2022, compared to April 2022. (ANSA).

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