Trade and tariff analytics
2026-04-26
9 minute read
5 sources
Russia trade isolation 2026: where the sanctions math actually bites
Four years after the invasion, the headline restrictions look porous, but the second order effects on price realization, component quality, and capital costs are reshaping Russian industrial capacity in ways the trade data only partially captures.
Russia has rerouted roughly two thirds of its pre 2022 European trade through Asia, the Gulf, and a sprawling intermediation network running through Turkey, the UAE, and Central Asia. Headline volumes have largely recovered, yet the realized economics tell a different story. Crude discounts persist, the shadow fleet is aging into insuranc...