VDMATrend reversal in machinery exports to Russia

Last year brought a turnaround in business with Russia for German mechanical engineering companies. For the first time in four years, machinery exports were back in the black in 2017. However, the VDMA is only cautiously optimistic about future developments.

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Development of German machinery deliveries to Russia
© Statistisches Bundesamt, VDMA

According to the VDMA, German machinery and equipment worth 5.3 billion euros was sold to Russia last year. This is ...

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