German exports increased significantly in the first half of the year compared to the same period of the previous year.

They rose by 13.4 percent to 763.9 billion euros, as announced by the Federal Statistical Office on Friday.

The most important export goods were motor vehicles and motor vehicle parts with a value of 116.3 billion euros, followed by machines with a value of 99.2 billion euros.

This corresponds to an increase of 5.9 percent or 2.3 percent compared to the same period of the previous year.

Exports to Russia fell in the first half of the year as a result of the Ukraine war and the sanctions imposed on Russia by 34.5 percent compared to the first half of 2021 to 8.3 billion euros.

Goods worth a total of 729.6 billion euros were imported into Germany in the first six months of the current year.

That was 26.5 percent more than in the same period last year.

Goods imports from Russia increased – also due to higher energy prices – by 51.3 percent to 22.6 billion euros.

In terms of volume, however, imports from the country fell by 24 percent compared to the first half of 2021.

The mood among German exporters clouded over at the beginning of the second half of the year - also because of the gas crisis: "The gas shortage is having a negative impact on the outlook for German exports," the Ifo Institute recently explained.