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German Exports Up 4.4% in April – Trade with Russia Continues to Decline

According to the Federal Statistical Office, German exports rose by 4.4% in April, which was stronger than expected, while imports increased by 3.1%.

Germany’s exports to Russia fell 10% in April, following a 60% drop in March after the West imposed sanctions on Moscow over its invasion of Ukraine

In April, Germany recorded a seasonally adjusted trade surplus of 3.5 billion euros ($3.76 billion).

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