Home Economy The EAEU is not for sale // The share of intra-union trade...

The EAEU is not for sale // The share of intra-union trade has almost not grown over the decade

0


Over the ten years of integration (2012-2021), the Eurasian Economic Union (EAEU) increased industrial production by 20%, but due to the policy in this area that is not always coordinated, this growth had almost no effect on such a key indicator as the share of mutual trade in total trade five countries. Over the past decade, it has grown from 13.5% to only 14.6%, according to data published by the Eurasian Economic Commission (EEC). Kazakhstan and Armenia increased their turnover most dynamically. Russia has the smallest share of intra-union trade – about 9%, the largest – in Belarus – more than 50%. At the same time, in both countries, this indicator has changed minimally over the years. .

Leave a Reply