EU: Exports to Russia Decline

BusinessEconomy ♦ Published: December 19, 2012; 17:45 ♦ (Vindobona)

EU27 deficit in trade of goods with Russia down to 65 bn euro in the first nine months of 2012.

EU: Exports to Russia Decline / Picture: © Vindobona.org

Following a sharp fall in 2009, EU27 international trade in goods with Russia recovered in 2010 and 2011. EU27 exports to Russia fell from 105 billion euro in 2008 to 66 bn in 2009, then rose to 86 bn in 2010 and 108 bn in 2011. Imports decreased from 178 bn in 2008 to 118 bn in 2009, then increased to…