Home » Russia-EU Trade Grows for First Time Since November 2023

Russia-EU Trade Grows for First Time Since November 2023

by Marko Florentino
0 comments


https://sputnikglobe.com/20240920/russia-eu-trade-grows-for-first-time-since-november-2023-1120220562.html

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

2024

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

News

en_EN

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

https://cdn1.img.sputnikglobe.com/img/104562/20/1045622089_100:0:2831:2048_1920x0_80_0_0_5bf98493046dd1ec49ed17fa3d2cd0f6.jpg

Sputnik International

feedback@sputniknews.com

+74956456601

MIA „Rossiya Segodnya“

trade between russia and the european union, russia-eu trade, russia and the european union

trade between russia and the european union, russia-eu trade, russia and the european union

MOSCOW (Sputnik) – Trade between Russia and the European Union increased in July for the first time since November last year, once again surpassing 6 billion euros ($6.7 billion), according to Sputnik calculations based on Eurostat data.

In mid-summer, after seven months of decline, bilateral trade began to grow, rising by 23% in one month to 6.03 billion euros, the highest level since January this year, when it reached 6.09 billion euros.

Russia’s exports increased by 21% to 3 billion euros, while the EU’s exports grew 24.5% to 3.03 billion euros. Among major trading partners, the largest growth in trade in July was seen with Finland, up 3.1 times to 226 million euros, Croatia, up 2.7 times to 58 million euros, and Romania, up 2.6 times to 41 million euros.

Russia’s trade with Sweden (138 million euros), the Czech Republic (242 million euros), Ireland (77 million euros), and Spain (360 million euros) nearly doubled.

Germany remained Russia’s main trading partner in July, with trade rising by a quarter to 836 million euros. Italy followed with a 38% increase to 829 million euros, and Hungary with a 12% increase to 518 million euros.

Banknotes (rubles, euros, US dollars) and Russian 5 and 10 kopecks coins. (File) - Sputnik International, 1920, 20.06.2023

China, India & Turkiye Have Replaced EU in Russia’s Foreign Trade

At the same time, four countries reduced their trade with Russia in July, with the largest decrease recorded by Cyprus, down sixfold to 266,000 euros. Declines were also noted in trade with Denmark (halved to 25 million euros), Belgium (-13% to 297 million euros), and Slovakia (-7% to 172 million euros).





Source link

You may also like

Leave a Comment

NEWS CONEXION puts at your disposal the widest variety of global information with the main media and international information networks that publish all universal events: news, scientific, financial, technological, sports, academic, cultural, artistic, radio TV. In addition, civic citizen journalism, connections for social inclusion, international tourism, agriculture; and beyond what your imagination wants to know

RESIENT

FEATURED

                                                                                                                                                                        2024 Copyright All Right Reserved.  @markoflorentino