The European Union is the largest partner of Russia. The EU is largely dependent on Russia for natural gas, oil and related materials as shown in the chart below. In terms of exports of Russia, the EU exports a lot of machinery,equipment , autos and other goods. Trade between the EU and Russia has rises almost consistently sine 2003 with imports from Russia higher than exports to Russia.
The EU’s Trade with Russia is shown in the charts below:
Click to enlarge
Russia’s trade with the U.S. is a tiny and accounted for less than 3% in 2012. The chart below shows the top trader partners of Russia in 2012:
The EU amounted to about 41% of Russia’s good trade with the world followed by China, Ukraine and Belarus.
Source: Europa
Also Checkout: ING International Trade Study by ING
