Download file
Energy dependency
RUSSIA IS ONE OF THE MAIN SUPPLIERS OF GAS AND OIL TO EUROPE
More than half of the EU-27 natural gas imports comes from Russia (36%) and Norway (19.7%)
Europe, with only 0.1% of global oil reserves, concentrates 44.6% of its imports in Russia and the US
Gas prices increase by 80.9% and Brent oil prices by 14.9% since the start of the Russian invasion of Ukraine
Other essential commodities: grain and metals
RUSSIA IS AMONG THE MAIN EXPORTERS AND PRODUCERS OF WHEAT, PALLADIUM, NICKEL AND ALUMINIUM
Russia concentrates 19.3% of global wheat exports and Ukraine accounts for 15.1% of maize exports
Wheat price has increased by 38% since 23 Feb. 22
Russia, 1st producer and exporter of palladium
Prices increase due to the uncertainty