BSR Policy Briefing 10/2018
The sanctions against Russia. Are there winners and losers around the Baltic Sea?
Authored by Susanne Oxenstierna.
When sanctions are imposed they do not only affect the economy of the targeted country, they may also affect the economies of sender countries. This article investigates the effects on the export to Russia of the eight EU countries around the Baltic Sea between 2013 and 2017. The effects on total export for each country are studied as well as the effects on separate product groups according to the Standard International Trade Classification (SITC). It is found that export has fallen for all Baltic Sea countries but that the degree varies substantially. There is also great variation in how different product groups have been affected.
The article is written by Dr. Susanne Oxenstierna, Deputy Research Director at the Swedish Defence Research Agency.
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