War cuts deep into Dutch exports to Ukraine and Russia | Financial

Exports to Ukraine decreased in value by 84 percent in March compared to a year earlier. In value terms, the decrease in exports was 97 million euros. Exports to Russia fell by 67 percent and in value by 453 million euros.

Import

On the import side, developments were less negative, or even strongly positive. This is due to a sharp rise in the price of food, in particular, such as maize and sunflower oil from Ukraine, and mineral fuels such as oil and gas from Russia. Imports from Ukraine fell by 10 percent in value and 31 percent in weight, according to CBS. Imports from Russia, on the other hand, increased sharply in value, by 115 percent, but barely in weight.

Russia invaded Ukraine in late February. Heavy sanctions packages from Western countries against the country due to the war followed almost immediately.

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