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The Impact of Russia Sanctions on Companies

Jasmin Katrin Gröschl, Feodora Teti
ifo Institut, München, 2021

ifo Schnelldienst, 2021, 74, Nr. 01, 43-48

Trade relations between the EU and Russia are greatly restricted by mutually imposed sanctions. An analysis of international trade data shows that Russia is dependent on the EU as a supplier and as a customer, while it plays a subordinate role as a trading partner for the EU. Within Germany, eastern German companies are more likely to be affected by the sanctions, as are companies in the manufacturing sector.

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ifo Institut, München, 2021