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HomeEconomyTop 15 Countries Whose Economies Depend On Russian Trade

Top 15 Countries Whose Economies Depend On Russian Trade

Three EU economies face serious exposure, while Central Asia dominates 

The Statistica website has produced an excellent graphic illustrating which countries depend most on Russian trade. This is a useful tool for analyzing risk and opportunity – the top three countries for example are all members of the Eurasian Economic Union (EAEU) which includes Russia. Three European Union member states make the list, suggesting their economies may come under serious pressure, while overall there has been a specific shift east – another sign that Russia has long planned for a Eurasian and Asian, rather than Western reliant economy.

The list is reproduced below.

The Losers

Of these countries, the three Baltic states of Estonia, Latvia and Lithuania all face considerable economic trade exposure to Russia which they will all need to somehow make up. Latvia and Lithuania are also significant trade partners with Ukraine, a market that is now facing…

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