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This is a list of the largest trading partners of Russia based on data from The Observatory of Economic Complexity (OEC). [1] ... Other countries: 85.79 See also
For most economies worldwide, their leading export and import trading partners in terms of value are typically the United States, European Union (EU) or China. Emerging markets such as Russia, Brazil, India, South Africa, Saudi Arabia, The UAE, Turkey, and Iran are becoming increasingly important as major markets or source countries in various regions.
Countries added to the list are subject to certain restrictions related to their relationships with Russia, including trade and currency restrictions and personnel limits in the listed countries' diplomatic missions in Russia. The list was first published in May 2021 where it consisted of the United States and the Czech Republic.
The Eurasian Economic Union mainly uses its arms industry, [267] raw materials, [268] [269] gas and oil reserves, [citation needed] and railways [270] [271] as its key assets for trade with foreign countries. Although Russia is the only member of the Eurasian Economic Union under sanctions from the West, other members of the Eurasian Economic ...
According to the minister of Foreign Affairs, Russia was one of the first countries to establish full diplomatic relations with Botswana. [185] Trade and economic cooperation between Russia and Botswana are stipulated by the Trade Agreement of 1987 and the Agreement on Economic and Technical Cooperation of 1988.
Russia's trade partners, too, are looking for ways to continue doing business with the country via alternative systems to rival the Western-led, US dollar-dominated global financial order.
The EU is Russia's largest trading partner, accounting for 52.3% of all foreign Russian trade in 2008 and 75% of foreign direct investment (FDI) stocks in Russia also come from the EU. The EU exported €105 billion of goods to Russia in 2008 and Russia exported €173.2 billion to the EU. 68.2% of Russian exports to the EU are accounted for by ...
For large countries such as Russia, numerous countries participate in this process. For smaller countries, the Quadrilateral group of members—consisting of Canada, the European Union, Japan, and the United States—and an applicant's neighboring countries are typically most involved. [12]