Russian exports to EU in 2017

Alexander Knobel – Head of Foreign Trade Department, Center for Real Sector of the Gaidar Institute; Director of the Center for Foreign Trade Department, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Alexander Firanchuk – Senior Research fellow of the Center for Foreign Trade Department, Institute for Applied Economic Studies, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In 2017, Russia extended its market share in the European Union. EU imports from Russia went up from 119 to 145 bn euros, while Russia’s share in the overall European imports rose to 7.8% (+0.9 p.p.). Such growth was due to rising prices on principal products of Russian export – fuel raw materials and metals. At the same time, the rising volume of natural gas deliveries hit 12% while deliveries of crude oil moved down 7%.

Key words: export, European Union, commodity group.