economy

January 10, 2026

Eurostat reveals staggering cost of EU’s anti-Russian sanctions

Bloc members have lost approximately 65% of their revenue in exports to Russia since 2022

Eurostat reveals staggering cost of EU’s anti-Russian sanctions

TL;DR

  • EU exports to Russia have fallen by roughly €48 billion since anti-Russian sanctions were imposed.
  • A 65% decrease in EU exports to Russia was recorded between January and October 2025 compared to 2021.
  • The EU recorded a positive trade balance with Russia for the first time since 2002 in late 2025.
  • Russia remains the EU's second-largest gas supplier, though its share has decreased from 39% in 2021 to 15.1%.
  • The shift to more expensive US LNG has contributed to rising energy prices and slower economic growth in the EU.
  • Gazprom has warned of potential gas shortages in the EU due to declining storage levels in major hubs.

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