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106 percent increase: Bavaria’s gas and oil bill doubles | Regional

Munich – The gas and oil bill for Bavaria’s citizens and companies has more than doubled this year.

︎ In the first half of the year, natural gas and oil worth 10.9 billion euros were imported, an increase of 106 percent on a year-on-year basis. This was announced on Friday by the State Statistics Office in Fürth.

The increase in prices for many products causes Bavaria’s foreign trade deficit to increase. The total value of imports rose by 18 percent to 121.5 billion euros in the first half of the year. The value of exports, on the other hand, increased by only 9 percent to just under 102 billion euros.

“Responsible for the increases in exports and imports are solely the increased prices,” says Bertram Brossardt, general manager of the Association of Bavarian Business. “The persistently high energy costs are a serious burden for the Bavarian export economy.”

Since 2019, Bavaria has changed from an exporting to an importing country. In 2021, Bavaria’s companies sold cars, machines and other goods worth 190 billion euros abroad, but imports were worth 212 billion euros.

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