Russian exporters lost $6.3 bln due to economic sanctions - media

Sixty-two countries introduced 159 restrictive measures against Russia as of the end of 2018, Russian news agency Interfax has reported, with reference to the monitoring data of the Russian Ministry of Economic Development for 2018.

According to expert estimates, the measures imposed caused $6.3 billion worth of damage to the Russian economy. The EU is the leader by the number of restrictive measures introduced against Russian goods - 25, followed by Ukraine - 22, India - 16, Belarus - 13, Turkey 12, the United States - 9, and Australia - 6.

The EU caused the greatest damage for Russian exporters – worth over $2.4 billion, followed by the United States – over $1.1 billion, Ukraine - $775 million, and Turkey - $713 million.

The metallurgical industry suffered the greatest losses from the restrictions - almost $4 billion, followed by the agricultural sector - $1.1 billion, the chemical industry - $641 million, and the automotive industry - $306 million.