According to Russia’s Federal Customs Service, almost half of Russia’s trade turnover with European countries fell to the country’s three key trading partners in the region: Belarus, Germany and the Netherlands.

The Federal Customs Service of the Russian Federation named the country’s main trading partners in Europe in 2023

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The data are confirmed by national statistics from other countries, highlights RIA Novosti, with which the FCS complemented its calculations.

Of Russia’s trade turnover with Europe, which decreased significantly to $163.4 billion in 2023, $55 billion is trade with Belarus ($23.5 billion—Russian exports, $31.4 billion—Belarusian exports).

The aggregate figures for other European countries decreased by 2.8 times. Individually, the states of the region produced the following figures:

  • Germany is the leader in trade volume with the Russian Federation (12.2 billion dollars),
  • Netherlands ($9.9 billion),
  • Italy ($9.4 billion),
  • Switzerland ($6.9 billion),
  • Hungary, Belgium, Poland, France, Austria (more than five billion dollars),
  • Bulgaria ($4 billion),
  • Serbia ($2.9 billion),
  • United Kingdom ($1.1 billion),
  • Croatia, Moldova and Norway ($500 million).

Insignificant trade indicators (less than 300 thousand dollars) are with Montenegro, Bosnia and Herzegovina, Iceland, North Macedonia and Andorra.

Author:

Ekaterina Alipova

Source: RB

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