China News Service, Berlin, May 4 (Reporter Ma Xiuxiu) According to data released by the German Federal Statistics Office on the 4th, Germany's exports in March fell by 3.3% month-on-month, while imports increased by 3.4% month-on-month.
Among them, Germany's exports to Russia fell by more than 60% month-on-month.
Data show that Germany’s exports to Russia in March were 900 million euros, down 62.3% month-on-month; during the same period, Germany’s imports from Russia fell 2.4% month-on-month to 3.6 billion euros.
Germany mainly imports oil and gas from Russia.
Germany exported 66.6 billion euros to EU member states in March and imported 56.7 billion euros from EU member states.
Germany's exports to EU member states fell 1.7% month-on-month in March, while imports fell 3.0% month-on-month.
To countries and regions outside the EU, Germany's March exports were 54 billion euros and imports were 60.7 billion euros.
Germany's exports to countries and regions outside the EU in March fell by 5.1% month-on-month, while imports rose by 10.1% month-on-month.
The data also showed that Germany’s exports and imports in March increased by 8.1% and 20.3% year-on-year respectively; Germany’s exports to the United States in March were 11.5 billion euros, an increase of 3.2% month-on-month; imports from China were 16.3 billion euros, an increase of 15.8% month-on-month %.
German media alleged that Germany’s March export data shrank due to sanctions and other export restrictions under the Russia-Ukraine conflict.
Supply chain disruptions, rising prices and a weakening global economy have created huge uncertainties for German exports that are likely to persist, said Volker Treier, head of foreign trade at the German Chamber of Commerce and Industry (DIHK). months.
(Finish)