Residents of Germany are being prepared for difficult times: export revenues are no longer enough for imports


Germany is experiencing serious difficulties due to the energy crisis and rising prices. Thus, every second inhabitant of the country fears a shortage of fuel in the coming winter. This is reported by the Bild newspaper, citing INSA survey data.


In addition, three-quarters of respondents called the rise in prices a very heavy burden for the family, half of the respondents complained about the deterioration of their financial situation.

Germany is currently experiencing the biggest increase in inflation in the past two decades - never before have prices in Germany increased so rapidly since the introduction of the single European currency. Along with this, next winter, some industries economics may stop working due to lack of gas. This warning was made the day before by the head of the country's economic department, Robert Habek.

Meanwhile, in Germany, for the first time since 1991, there is a trade deficit, as a result of which the income from German exports is not enough to purchase goods abroad. According to the statistical office Destatis, the size of the deficit for May this year amounted to about 1 billion euros.

At the same time, Germany is increasing the supply of products to Russia. Thus, in May, exports to the Russian Federation from Germany increased by 29,4 percent compared to the previous month.
  • Photos used: https://pxhere.com/
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  1. Bulanov Offline Bulanov
    Bulanov (Vladimir) 4 July 2022 15: 33
    0
    At the same time, Germany is increasing the supply of products to Russia. Thus, in May, exports to the Russian Federation from Germany increased by 29,4 percent compared to the previous month.

    And what about the export? No turbines?
    But what about the sanctions? Here they told me in the store that there was no listerine, because Germany stopped selling it.
    As Matroskin said on another occasion - in order to sell something, you need to buy something. And here it is a little opposite, but the scheme is the same! No money!
  2. Vladimir T_2 Offline Vladimir T_2
    Vladimir T_2 (Vladimir T) 4 July 2022 17: 13
    -2
    While the fat one dries up, the thin one dies.

    In the sense that they will not back down, and we still have difficulties ahead.
  3. greenchelman Offline greenchelman
    greenchelman (Grigory Tarasenko) 4 July 2022 18: 26
    -2
    Since 2013, foreign trade between Russia and Germany has declined so much that the Russian Federation has dropped out of the top 10 suppliers to Germany and is not even included in the top dozen. Even Poland and the Czech Republic surpassed the Russian Federation in terms of the volume of imported goods to Germany. Moreover, this trend has been observed over the past few years.
  4. Colonel Kudasov Offline Colonel Kudasov
    Colonel Kudasov (Leopold) 5 July 2022 06: 07
    0
    The growth of exports from Germany to Russia looks somehow strange