EU Sanctions against Russia: The Economically Critical Goods List of the EU (updated)
- Arne Mielken
- Dec 19, 2023
- 4 min read
The Economically Critical Goods List is comprised of mainly industrial goods subject to EU’s restrictive measures for which anomalous trade flows through certain third countries to Russia have been observed.
EU Regulation 833/2014 imposing sanctions against Russia includes prohibitions to sell, supply, transfer or export, directly or indirectly, goods which could contribute to the enhancement of Russian industrial capacities.
Therefore, the Economically Critical Goods List is comprised of mainly industrial goods subject to EU’s restrictive measures for which anomalous trade flows through certain third countries to Russia have been observed.
The creation of the list has been guided by the objective that EU sanctions aim at weakening Russia’s industrial base; Russia has become a war economy and its industrial complex directly or indirectly supports Russia’s military efforts. The List may support due diligence and effective compliance by exporters as well as targeted anti-circumvention actions by customs and enforcement agencies of partner countries determined to ensure that their territories are not being used for circumvention of EU sanctions purposes.
These economically critical goods included in the list derive from selected groups of mainly industrial goods classified under
HS chapters:
28 (Chemicals);
84 (Machinery);
85 (Electronics); and
87 (Vehicles).
The imports of these goods into third countries from the EU and the rest of the world show a significant increase since the start of the Russian invasion and the imposition of EU sanctions, which is mirrored by an increase in exports of those goods from those third countries to Russia.
The list includes goods where:
exports above the threshold of 1 million euro over 12 months (2022) has been recorded and
at least a 100% increase in exports to Russia from third countries as compared to the average of the three preceding years periods before the Russian invasion of Ukraine has been observed.
Download the EU's Economically Critical Goods List of the EU (updated)
More Information and Links
EU: Russia Sanctions - Our Complete Overview for Businesses
Get a complete overview of EU sanctions against Russia, including the latest updates and a breakdown of each sanctions package.
EU Sanctions Update: Russia Individuals & Entities Listed
Stay updated on the EU's sanctions against Russia with our blog post. Discover the constantly updated list of individuals and entities affected.
All Sanctions Updates
Stay updated on the EU's sanctions
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