Exports to CIS countries (excluding Russia) up 1.5 billion euros, exports to Russia down 4.9 billion euros at the same time
Motor vehicle exports to CIS countries increased five-fold, exports of machinery and chemical products also rose considerably
WIESBADEN – A strong increase of German exports to the CIS countries (Commonwealth of Independent States, here: excluding Russia) has been observed since the start of Russia’s attack on Ukraine. Goods to the value of 2.9 billion euros were exported to the CIS countries from January to April 2023. The Federal Statistical Office (Destatis) reports that exports to these countries rose by 1.5 billion euros and therefore more than doubled (+106.4%) compared with the same period of the pre-war year of 2021 (1.4 billion euros). Exports to the Russian Federation, in contrast, dropped from 8.4 billion euros in the first four months of 2021 to 3.5 billion euros in the first four months of 2023. This was a decrease of 4.9 billion euros, or 58.3%. The rise in exports to the CIS countries therefore amounted to less than one third of the fall in exports to Russia.