Eurostat Europe Russian imports 50 percent rise 2021 - The value of Russian exports to European nations from January to August 2021 reached $109.7 billion, permitting Russia to stay the third biggest EU exporter, European facts corporation Eurostat announced this week.
The quantity of Russian exports inside the reporting length elevated by way of 48.7% in comparison to the equal duration in 2020, to $73.7 billion.
Europe’s top exporters are China with $331.6 billion well worth of exports, and the US with $169.1 billion. The volume of European exports to Russia additionally surged within the first eight months of 2021, rising via thirteen.6% to $sixty six.Eight billion.
Eurostat Europe Russian imports 50 percent rise 2021
The EU’s biggest importers from January to August 2021 had been america with $296.7 billion, the UK with $211 billion, China with $170.Eight billion, and Switzerland with $118.2 billion.
The EU’s overall price of exports to states outside the bloc amounted to $1.6 trillion within the reporting period, a 13.Eight% boom 12 months on 12 months. The volume of EU imports rose via 16.7% to €1.31 trillion.
Eurostat Europe Russian imports 50 percent rise 2021
Russian exports to the bloc retain to upward push no matter the sanctions, which were imposed in 2014 and increased several instances since. Over this era, the EU suspended negotiations on a visa-unfastened regime with Russia, and stalled a new fundamental cooperation agreement. Brussels additionally banned a number of Russian officers from getting into EU international locations and froze their belongings.
In reaction to those measures, Russia positioned restrictions on imports of a number of food products from EU countries. The measures have drawn complaint from residents and groups both in Russia and the EU, and sparked a wave of protests among European farmers.
Eurostat Europe Russian imports 50 percent rise 2021
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Russian gas transit through Ukraine will exceed required contractual volumes – Energy Ministry
Russia is about to exceed its contractual obligations for fuel transit through Ukraine this 12 months, Energy Minister Nikolay Shulginov informed reporters on Thursday.
“I consider we are able to. It is hard for me to mention the proportion, however we are able to,” he said.
The settlement in question includes the transit of sixty five billion cubic meters of gas in 2020 and 40 billion cubic meters each year from 2021 to 2024.
Ukrainian government these days announced they would love to increase the gas transit contract with out awaiting the present day settlement to run out. Kiev believes this could guarantee that fuel transit keeps after 2024. No authentic confirmation of the new agreement has been issued, but Russian officials have again and again stated that there are not any plans to stop turning in gasoline to Europe through Ukraine after 2024.
Russian President Vladimir Putin advised nation power massive and most important fuel exporter Gazprom earlier this week to keep to meet its contractual obligations on gasoline transit.
“Firstly, we need to not put anybody in a difficult function, which include Ukraine, no matter all the factors associated with Russian-Ukrainian relations today, and secondly, we need to no longer undermine the credibility of Gazprom as a reliable, definitely reliable, companion in every way,” Putin said.
Kiev has expressed fears that Russia may want to stop the transit once it launches gas deliveries via the newly built Nord Stream 2 pipeline, which is looking forward to EU certification. However, Moscow dismissed those fears, announcing it does no longer intend to reduce Ukraine off. Some Ukrainian officials, as well as officers from different Eastern European states, also alleged that Russia has been manipulating fuel costs in Europe, that have grown dramatically in recent weeks. But those allegations were also rejected, including – maximum lately – with the aid of the European Commission itself.
“Russia is pleasant its gas deliver contracts, we haven't any cause to consider that it's miles placing stress on the gasoline market or manipulating it,” Deputy Head of the European Commission Frans Timmermans stated on Thursday in an interview with Bulgaria’s bTV.