From January to August this year, Russia's trade volume with EU increased by 28%, reaching 191.5 billion euros. The EU exports to Russia 36.2 billion euros, while Russia exports to Europe 155.3 billion euros. deficit is 119.1 billion euros, the largest since 2008. In 2008, it was 151 billion euros.
Only seven of the 27 EU countries saw the trade volume with Russia decline, with a total trade volume of only 14.2 billion euros, compared with 17.3 billion euros in the same period last year. These are small countries, accounting for a small part. The most reduced was the horses, which was 80%.
The 20 more important countries have increased their trade volume with Russia, with a total trade volume of 177.3 billion euros, compared with 132.4 billion euros in the same period last year, an increase of 34%. The most increased was Bulgaria , which increased by 1.4 times, Greece 1.3 times, and Slovenia 1 times. Among the countries of
G7, Italy also grew by 70%, and France, Germany and other countries also grew. This is embarrassing to the United States.
The trade volume in other aspects is undeniable, but energy is growing. It can be said that these trade volume increases are caused by the rise in energy prices.
So, the EU is deliberately trying to limit the upper limit of Russian oil prices, and natural gas is also brewing, and coal is said to have been banned in August.
Putin said at a press conference after visiting Kyrgyzstan that Russia is developing a new supply chain and will never sell it to unfriendly countries that set upper limits on Russian oil prices even if it reduces production.
According to my opinion, as the Russian-Ukrainian crisis deepens, EU countries may quietly forget the earliest sanctions, but are introducing new sanctions plans.
