Ukraine’s Trade with Germany Surpasses Russia Amid Sanctions
In 2024, Ukraine’s trade with Germany reached €840 million, exceeding that of Russia (€770 million) for the first time since 1992. This surge is driven by strong performance in sectors like agriculture, metals, and machinery, replacing Russia’s dominance in energy and commodities. Significant German investment in Ukrainian reconstruction efforts further fuels this economic shift, reflecting a strategic partnership focused on manufacturing and technology. The surpassing of Russia underscores Ukraine’s deepening integration into Western markets and Germany’s reduced reliance on Russia.
John Q. Hosedrinker