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Russian food embargo: minor losses in western countries

Author

Listed:
  • Loginova D.

    (Gaidar Institute for Economic Policy)

  • Uzun Vasily

    (Gaidar Institute for Economic Policy)

Abstract

Most of the countries counter-sanctioned by Russia have seen no decline in food exports, increasing them to other countries to compensate for losses in the Russian market. Only a few countries have experienced a decline in exports due to the Russian food embargo, namely Norway (a total decline of 11.3%, of which the Russian market accounts for 10.1%), Finland (respectively 24.5% and 20.9%), Lithuania (20.7% and 20.6%), Latvia (21.5% and 11.5%), Estonia (22.8% and 12.2%), Poland (4.8% and 4.6%).

Suggested Citation

  • Loginova D. & Uzun Vasily, 2016. "Russian food embargo: minor losses in western countries," Russian Economic Development, Gaidar Institute for Economic Policy, issue 9, pages 32-37, September.
    • Handle: RePEc:gai:recdev:recdev-2016-9-725
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    File URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-9-725.pdf
    File Function: Revised version, 2016
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    Citations

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    Cited by:

    1. Elmira Krylatykh & Tatiana Belova, 2018. "Russian Grain Exports in the Context of Regional Economic Policy," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(3), pages 778-790.
    2. Loginova, Daria, 2022. "Assessing the Short-term Effect of Exchange Rate Liberalisation on Food Import Prices: The Regression Discontinuity in Time Employed for Russian Food Markets in 2014," Research on World Agricultural Economy, Nan Yang Academy of Sciences Pte Ltd (NASS), vol. 3(3), September.
    3. Daria Loginova & Judith Irek, 2022. "Russian meat price transmission and policy interventions in 2014," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 10(1), pages 1-28, December.
    4. Mikhail Krivko & Luboš Smutka, 2021. "Agricultural and Foodstuff Trade between EU28 and Russia: (Non)Uniformity of the Russian Import Ban Impact Distribution," Agriculture, MDPI, vol. 11(12), pages 1-15, December.
    5. Tatiana Belova, 2019. "The Processes of Import Substitution in the Agro-Food Sphere: Success or Failure?," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 285-297.
    6. N. Ekimova A. & Н. Екимова А., 2018. "Международные санкции в отношении России: неявные выгоды // International Sanctions against Russia: Implicit Benefits," Мир новой экономики // The world of new economy, Финансовый университет при Правительстве Российской Федерации // Financial University under The Governtment оf The Russian Federation, vol. 12(4), pages 82-92.

    More about this item

    Keywords

    Agricultural policy; Russian Economy;

    JEL classification:

    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • N51 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - U.S.; Canada: Pre-1913

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