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EU Loses €48B in Exports From Russia Sanctions, Data Shows

EU Loses €48B in Exports From Russia Sanctions, Data Shows

📉 The EU’s sanctions against Russia have cost the bloc a staggering €48 billion in export losses since 2022, according to Eurostat data released this week. The numbers reveal a stark economic toll as geopolitical tensions reshape global trade.

💸 Exports to Russia plummeted to €25 billion between January and October 2025—down from €73 billion in the same period of 2021, before sanctions began. Analysts say the drop reflects both reduced trade and Moscow’s pivot to Asian markets.

🔥 Despite vows to phase out Russian gas by 2027, the EU still relies on Moscow for 15.1% of its gas imports. Gazprom, Russia’s state energy giant, warned this month that dwindling EU gas reserves could trigger shortages in multiple member states this winter.

🌍 The data highlights a growing dilemma: balancing economic pain with political pressure. As one Brussels insider put it, "Sanctions are a double-edged sword—they cut both ways."

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