Total trade with Russia in 2024: $3.5bn
Total trade with Ukraine in 2024: $2.9bn
https://ustr.gov/countries-regions/europe-middle-east/russia...
So, Ukraine will get an exemption, too, right? Because their trade is even a mooter point, right? Right?!
I don’t see Ukraine on the list at least. But I do see this as a win for Russia in the destabilization of the Western economy.
This is down from $23B in 2019, and is basically just fertilizer and minerals used to make fertilizer.
Fertilizer is not sanctioned due to the fact it’s needed for food security in the EU (surprise suprise, the EU is not just insecure domestically in terms of military and energy and technology, but also in terms of fertilizers needed to grow food, fantastic governance they have over there…leaving potash mining or nat gas extraction to other countries does look good for those domestic net zero calculations though!).