Russia's share in extra-EU imports fall to 3.8% in Feb-Sept 2022

The EU’s trade deficit with Russia, peaked in March 2022 at €19.6 billion. It then progressively decreased and in September 2022 stood at €9.7 billion.

EU trade with Russia has been strongly affected following Russia's invasion of Ukraine, with the EU imposing import and export restrictions on several products. The effects of these measures have been particularly visible in the latest months. Considering seasonally adjusted values, both exports and imports dropped considerably below the levels prior to Russia's invasion, according to Eurostat.

ALCHEMPro News Desk (KD)