EU Riga summit 'not against Russia', Merkel says

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3. German exports to Russia take a tumble

German exports to Russia dropped by a staggering 18 percent in 2014, the National Statistics Office (Destatis) reported Thursday, saying that shipments to that country reached a full-year volume of 29 billion euros ($32.2 billion).

The decline comes on the back of a 6-percent dip in exports a year earlier, highlighting the impact that worsening relations between the West and Russia over the latter's perceived role in the Ukraine conflict is having for the German business community.

At the same time, imports from Russia decreased by 7 percent in 2014 to total 38 billion euros, meaning that last year saw the highest ever annual German trade deficit with Russia.

http://www.dw.de/german-exports-to-russia-take-a-tumble/a-18464606