EU–Russia trade volume fell to its lowest level since 2002 in the second quarter of 2025. The EU also reported a trade surplus for the first time in more than 20 years.

Axar.az reports, citing Euronews, EU trade with Russia has fallen sharply since Russia's invasion of Ukraine in February 2022.

The EU introduced many import and export restrictions, leading to a 61% fall in exports to Russia and an 89% fall in imports from Russia between the first quarter of 2022 and the second quarter of 2025.

According to Euronews research based on Eurostat data, trade in the second quarter of 2025 dropped to the lowest level since 2002, when records began. In the same quarter, the EU also recorded its first trade surplus with Russia in more than 20 years.

Please read the full analysis here.