German exports to Ukraine growing at fastest pace

German exports to Ukraine growing at fastest pace

In 2016, German exports to the countries of Eastern Europe increased greater in percentage correlation than exports of goods and services from Germany as a whole for the first time in four years.

This was reported by the German Committee on Eastern European Economic Relations.

According to the Federal Statistical Office, the total growth of German exports amounted to about one per cent in 2016. The flow of goods and services to 21 countries, supervised by the Committee on Eastern European Economic Relations, grew by almost 4 per cent and amounted to EUR 53.9 billion, showing an increase of 2 billion as compared to 2015.

German exports to Ukraine grew at the fastest pace. It increased by EUR 550 million, which is 18 percent more than a year ago.


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