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EU exports to Russia have dropped by 47% due to the war in Ukraine

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At the same time, a significant part of goods arriving in the CIS countries from the EU was redirected to Russia.

After Russia’s invasion of Ukraine, the volume of EU exports to Russia dropped by almost half. At the same time, European exports to the CIS countries increased by approximately the same amount – by 48 percent. This was reported by Euromonitor International and RBC, citing data from the European statistical office Eurostat, writes DW.

As follows from the data above, after the Russian invasion of Ukraine, the EU exported goods to the Russian Federation in the amount of 36.3 billion euros (compared to 69.2 billion last year). At the same time, the CIS countries – Armenia, Belarus, Georgia, Kazakhstan, Kyrgyzstan and Uzbekistan received goods from the European Union for 20.3 billion euros (compared to 13.7 billion last year). At the same time, exports from these CIS countries to Russia also increased – by almost 40 percent, or by 9.4 billion euros.

Vaidotas Zemlis-Balevichius, head of the data research department at Euromonitor International, believes that a significant part of the goods arriving in the CIS countries from the EU are redirected to Russia. After analyzing Eurostat data, he found more than a hundred possible “sanction anomalies” (exports that have grown at least twice since the beginning of the war, despite the sanctions imposed on Russia). Among such anomalies are the delivery of used cars from Lithuania to Belarus, smartphones and laptops from the Czech Republic to Kazakhstan, aviation kerosene from Greece to Georgia.

It is known that in the first half of last year, Kazakhstan significantly increased the export of smartphones to Russia – more than two thousand times in dollar terms, according to official statistics from Kazakhstan.

Greece, Cyprus, the Czech Republic and Estonia increased the supply of sanctioned goods to Russia’s neighboring countries by 3-5.5 times, Zemlis-Balevichus calculated. Exports of other countries grew less, only Sweden and Malta did not increase deliveries to the CIS.

Remember, earlier it was reported that the Russian Federation last year significantly increased the import of chips and thus exceeded the pre-war numbers.

Japan has banned the export of technological equipment to the Russian Federation. The banned list includes 3D printers and quantum computing equipment, including quantum computers.

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Source: korrespondent

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