Russia – EU Trade Up 43% in 2021

During 2021, the trade turnover between Russia and the countries of the European Union increased by 42.7% year-on-year up to 247.8 bn euro.

According to Eurostat, import from EU countries into Russia was up 13% during 2021 making 89.3 bn euro. Export from Russia to the European Union surged by 67.4% up to 158.5 bn euro.

Russia rates the fifth among the largest importers from the EU after the USA, the United Kingdom, China and Switzerland.

Among the largest exporters to the EU countries, Russia ranks the third after China and the USA.