Despite the sanctions imposed, the European Union has become the third largest trading partner of the russian federation in 2024 - the volume of trade between the parties is EUR 67.5 billion. This is reported by the newspaper Bild.
The leader on the list is China. In 2024, the volume of trade between the two countries reached about USD 244.8 billion. A significant part of this amount, USD 130 billion, is the import of russian goods to China, primarily oil, gas and coal.
India came in second place. This is a massive jump, since at the beginning of the full-scale war, India was only 12th in the list of russia's most important trading partners.
Which European countries continue to buy russian goods:
Germany:
Despite the sharp reduction in trade, which decreased by 92% (as for imports of russian goods), the total amount is still USD 9.5 billion.
France, Netherlands:
Remain at a low level of over USD 6 billion.
Slovakia, Czech Republic, Spain, Belgium, Italy:
Compared to 2021 (pre-war level), exports have become significantly lower.
Hungary:
Although the country is a smaller "European partner", it is noticeable in the ranking, as its imports exceed the expected figures by 31%. The trade volume is about USD 6.2 billion.
Trade with Armenia, Turkey, Israel, Brazil, Uzbekistan, Egypt and Azerbaijan has also increased.
As Ukrainian News Agency earlier reported, the People's Republic of China has begun to trade less with the aggressor country of russia. In the first half of 2025, trade between the countries fell to the lowest level in the last three years.
Russian LNG exports to the EU reached a record level in 2024 despite sanctions.
Who we are: About us, Contacts. How we write news and our principles: Editorial code. We did our best. If you found this valuable – please support us.
To request a correction, please send an email.