EU sanctions now cover more than 54 % of exports, 58 % of imports and 16 % of business services involved in pre-war EU-Russia trade, leading to a 75 % decline in the volume of EU-Russia trade (Figure 2). In 2024, EU-Russia trade represented only 1.4 % of total EU external trade, compared with 5.7 % in 2021
History of EU-Russia trade in goods_with title
EU trade with Russia, trade in goods in the first 10 months of each year between 2021 and 2024, in € billion
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