Focus on EU-Russia trade relations
This country fiche provides a data-based overview of Russia’s trade in non-food raw materials, with an emphasis on country’s trade relations with the EU in the context of Ukraine crisis.
Russia is a leading global producer not only of energy products, but also of many other raw materials, including critical raw materials. Non-food raw materials (excluding downstream) are making 2/3 of the country’s exports of goods.
Russia is an important trading partner for EU mainly for Fuels, but also for Minerals, Metals and Wood. Disruptions are expected in the EU supply chains besides energy commodities, for abiotic and biotic materials with high share in the extra-EU imports, such as: fertilisers, wood, nickel, potash, various categories of iron and steel. EU sourcing of a couple of CRMs will be also impacted: vanadium, coking coal, palladium, titanium, tungsten, rhodium, aluminium and phosphorous. If imports from Ukraine and Belarus will be also disrupted, the biggest impact could be expected on EU imports of wood, potash, iron ores and iron and steel non-alloy.
As for the impact on EU exports, the share of Russia on EU exports of raw materials is relatively small and one could expect that they could be easily re-directed towards other markets.
UNGURU Manuela;
GEORGITZIKIS Konstantinos;
CIUPAGEA Constantin;
GARBOSSA Elisa;
2022-06-07
Publications Office of the European Union
JRC129611
978-92-76-53303-0 (online),
1831-9424 (online),
EUR 31108 EN,
OP KJ-NA-31108-EN-N (online),
https://publications.jrc.ec.europa.eu/repository/handle/JRC129611,
10.2760/837284 (online),
