EU-Russia Trade under Sanctions: An Analysis of Trade Dynamics and Intensity
Kristína DRIENIKOVÁ – Ľubica ZUBAĽOVÁ – Marianna BUČÁNYOVÁ
https://doi.org/10.53465/CEECBE.2025.9788022552257.101-115
Abstract: In recent years, there has been a marked escalation in tensions between Russia and Ukraine, culminating in an armed conflict. In response to this aggression, the international community has adopted a series of sanction measures as a form of protest. The European Union joined this effort, significantly affecting the development of bilateral relations not only from a political perspective but also in terms of trade. This has led to a substantial decline in the volume of mutual trade and a reduction in Russia’s share of the EU’s total trade. The aim of this paper is to highlight the development and changes in EU-Russia trade relations by analyzing EU trade with Russia and its intensity from 2004 to 2023.
Keywords: EU, Russia, Sanctions, Trade relations
JEL Classification codes: F10, F19, F51
Fulltext: PDF
Published by: Vydavateľstvo EKONÓM, Bratislava University of Economics and Business
Year of publication: 2025
Online publication date: 16 May 2025
Copyright: Author/s of the paper
ISBN 978-80-225-5225-7
ISSN 2453-6113
Pages: 101-115