Trade

Irish trade with Russia holding up despite sanctions imposed by EU

Irish exports for 2022 to Russia were largely the same as the previous year, while imports from Russia for 2022 fell by a third

Exports of alumina, industrial chemicals and pharmaceutical products to Russia remained strong last year, as did imports from the country of fertiliser and animal feed. Picture: Getty

Irish trade with Russia remained relatively healthy in 2022, despite the imposition of sanctions by the European Union.

Trade between the two countries was buoyed by strong exports of alumina, pharmaceutical products and industrial chemicals, as well as strong imports of animal feed and fertiliser. However, the trade of certain sanctioned products ceased altogether at various points throughout the year.

A spokesman for the Department of Enterprise said that, while EU sanctions were “sophisticated” and ...