During January-April 2022, the trade turnover between Russia and the countries of the European Union increased by 49.5% year-on-year up to 105.4 bn euro.
According to Eurostat, import from EU countries into Russia was down 23.3% during the 4 months of 2022 making 21.4 bn euro. Export from Russia to the European Union surged by 97.2% up to 84 bn euro.
In April 2022, European exports to Russia declined by 63.2% down to 2.8 bn euro, while Russian exports to the EU, on the contrary, grew by 78.1% to 20.3 bn euro.
In January-April 2022 Russia rated the seventh among the largest importers from the EU after the USA, the United Kingdom, China, Switzerland, Turkey and Japan.
Among the largest exporters to the EU countries, Russia ranked the third after China and the USA.