Germany significantly reduced its exports to Russia by 19.3% month-on-month in May 2024, with exports falling to €0.6 billion.
Additionally, imports from Russia decreased by 8% to €0.2 billion during the same period. This decline is attributed to the ongoing economic sanctions imposed on Russia following the invasion of Ukraine[1][2][3].
Citations:
[1] https://interfax.com/newsroom/top-stories/104124/
[2] https://www.fibre2fashion.com/news/textile-news/germany-s-exports-decline-3-5-imports-down-6-6-in-may-2024-296543-newsdetails.htm
[3] https://www.babypips.com/news/economic-german-trade-balance-2024-07-08
[4] https://hanseanalytics.io/insights/blogs/germany-exports-to-russia
[5] https://www.aa.com.tr/en/economy/germanys-trade-surplus-at-24b-in-april/3242793