Last year, Germany imported nearly 94.6% fewer goods from Russia than before the war in Ukraine began. On Wednesday, the Federal Statistical Office, Destatis, reported that goods worth €1.8 billion (around $2 billion) were imported from Russia in 2024. In 2021, before the EU’s 17 sanctions packages against Russia, imports amounted to €33.1 billion.

Exports to Russia also fell significantly, by 71.6%. In 2024, Germany supplied Russia with goods worth €7.6 billion, compared to €26.6 billion in 2021. Russia’s share of total imports to Germany fell to just over 0.1% in 2024, compared to 2.8% before the Moscow’s full-scale invasion of Ukraine began.

Last year, Germany achieved its largest export surplus with Russia since the collapse of the Soviet Union in 1991. Exports exceeded imports by €5.8 billion — the fourth time since 1993 that there was an export surplus, after 2023, 2020, and 1993.