Military Review

EEU in short pants. What are the stats?

1 January 2018, the countries of the Eurasian Economic Union will mark the third anniversary of the entry into force of the agreement on the EAEU. On this basis, a discussion of what has changed over the years in economic and structural terms in the Eurasian Economic Union as an association of states that initially set themselves the task of trade and economic integration.

During the existence of the EAEU, a stable composition of the association has now been formed, which, in addition to the Russian Federation, includes the Republic of Belarus, Kazakhstan, Armenia and Kyrgyzstan. The last of these countries joined the economic conglomerate more than six months after the entry into force of the above-mentioned agreement.

EEU in short pants. What are the stats?

During its existence, the EAEU has signed an agreement on a free trade zone with Vietnam, and also expresses its readiness to further expand the FTA at the expense of other interested states. In particular, representatives of the business elites of Iran, Serbia, Egypt, Thailand, Mongolia, India and other countries expressed such interest.

The EEU currently has one observer country, which at the same time cannot deal with its internal political problems. We are talking about the Republic of Moldova, whose negotiations on the transition from observer status to full member status of the Eurasian Economic Union, then begin, then interrupt. And the main initiators of the “freezing” of the talks are the Moldovan government, which, together with individual parliamentary parties (the Cabinet of Ministers of Moldova has come out of their bowels), makes every effort to romanize Moldova and simultaneously reject any associations associated with Russia. However, no one is going to pull in Chisinau behind the ears of what is called the EEU - his personal, sovereign affair.

So, about the statistics of the EAEU, which is available at the moment, and its comparison with the statistics for previous periods.

Mutual trade of the member countries of the Eurasian Economic Union for the period from January to October 2017 of the year is 44 billion US dollars. In terms of annual indicators, the increase was approximately 26% to the 2016 indicators of the year. The significance of the volume of mutual trade indicates that the internal potential of the EAEU is far from being revealed - at least considering that the total population of the union currently amounts to almost 184 million people.

At the same time, according to the results of 2016, a drop in the pace of domestic trade was also recorded by about 5,8% relative to the 2015 indicators.

The largest share in mutual trade in the framework of the Eurasian Economic Union, for obvious reasons, from the Russian Federation. For January-October of the current year - 62,8%. This is 0,3% more than last year. In second place in terms of trade weight is Belarus with 25,6 percent. At the same time, the Belarusian indicators in 2017-m decreased by approximately 1% in comparison with the share in 2016-m. The smallest share in the EAEU trade in Armenia is 1%. But not particularly far in this regard, “rode” and Kyrgyzstan - 1,1%.

Against this background, the indicators of foreign trade of the EEU (trade with countries that are not part of the Eurasian Economic Union) look much more impressive. It also shows a significant increase in comparison with the 2016 year. If you believe the official statistics, then this growth at the beginning of November amounted to 24,6%, reaching a value of more than half a trillion dollars. To be precise - 507,25 billion US dollars. At the same time, again, according to official data, the EAEU exports significantly exceeded imports. The export data is about 308,4 billion, while the import is up to 199 billion. Of these more than half a trillion dollars, the lion's share comes back to Russia again - based on an objective indicator of the ratio of economies within the Eurasian Economic Union. During the period from January to October, 2017 of the Russian Federation gained almost 430 billion dollars in “external” partners with a positive balance (the difference between exports and imports) of $ 90,5 billions. However, the Russian economy in the EEU was only the second in terms of such as export growth. In the RF, it was 25,4% in comparison with 2016. In the first place - the Republic of Kazakhstan with an increase in 32,6% compared with the same period.

The statement of fact: none of the countries in the economic union, export volumes have not decreased. However, with a negative balance of the country is. These are Kyrgyzstan, with the “minus” indicator of 1,3 billion and Armenia with the indicator of about “minus” of 860 million.

The main item of total exports of the EAEU to third countries - mineral products (including energy) - almost 64%. In second place - metals and metal products - 10,6%. The largest share of EAEU imports is machinery and equipment. The indicator is 44,5% of total cumulative imports. At the same time, Russia accounts for about 80% of the import of these goods.

Statistics on changes in the GDP of countries belonging to the EAEU (and the total for the EAEU) for the period January-October of the current year.
The Republic of Belarus - an increase in 1,7%;
Russian Federation - about 1,9%;
Armenia - about 3,8%;
Republic of Kazakhstan - 3,3%;
Republic of Kyrgyzstan - 4,8%.

As can be seen, Kyrgyzstan is leading in terms of GDP growth rates among all member states of the EEU. If we talk about the total growth of the economy of the EEU, based on the scale of the economies of “internal” states, then the growth for the year will be slightly more than 2%. A little bit ...

Statistics once again shows that the well-being of the economy of the EAEU directly depends on the well-being of the Russian economy. This is not an exaggeration, but an objective fact on the basis of the volume of the Russian economy in the total volume of the economic system of our union. At the same time, statistics directly indicate that there are quite a few internal barriers to the development of mutual trade within the created common economic space. It often happens that the EAEU countries find it easier to trade even with those third countries that declaratively support certain sanctions in their relation than with each other. Barriers and obstacles inside the EAEU do not yet allow a significant increase in domestic demand. Those 44 billion dollars in mutual trade is an example. There is, of course, an objective factor. It consists in a significant difference in the level of per capita income in different EAEU countries. Take the same Kazakhstan and Kyrgyzstan. The difference is more than significant. However, the main brake is still a bureaucratic machine, which so far does not want to switch the transmission to a higher one. And this, at least outwardly, creates the effect that the EAEU is four letters that are in themselves, and the countries in the union are in themselves. I would like to see common interests and unity of development paths even on the horizon.

Or would you like too much at such an early stage of the existence of the union? Three years is "only" or "already"? ..
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  1. Mountain shooter
    Mountain shooter 26 December 2017 06: 52
    There is the EU for how many years, and the currency is common, but still not thank God. And here - consider, have not yet begun ...
    1. Chertt
      Chertt 26 December 2017 07: 03
      In 2018, we’ll choose Grudinin. He will add the economic component to the successful political component of the EAEU, which Putin laid down.
      1. avt
        avt 26 December 2017 09: 50
        Quote: Chertt
        In 2018, we’ll choose Grudinin,

        Then the evening turned on the TV and got on his speech on the First. He just referred to the positive mushroom Saa ... AH! What kind of person to fight corruption in Georgia, they say he won! So what ? Choose and this pos will hand over the country to external management? Well, from the experience of Comrade Saa ... Ah, what a man! wassat Will the salary of Tsoros be paid to ministers, will you open NABU / NABR? Well, about this, the EAEU wrote even BEFORE its creation - a cartel conspiracy in the framework of fragments of the CIS. Even close to what is in the EU. And you still, after so many years in the CIS, what are you waiting for? bully
        1. Astoria
          Astoria 26 December 2017 10: 07
          He just referred to the positive mushroom Saa ..
          how do you quickly write everyone into enemies of the people laughing
          1. avt
            avt 26 December 2017 10: 41
            Quote: Astoria
            He just referred to the positive mushroom Saa ..
            how do you quickly write everyone into enemies of the people laughing

            Sewing a seven-eight decree, chief? I sew? What do I have to do with it? If you looked at yourself from the side, Rukhnikov, you would have noticed that the decree of August 7, which you call "seven or eight", is imprinted on your forehead ...
            I didn’t pull him for language about positive reforms in Georgia. bully
            1. Astoria
              Astoria 26 December 2017 10: 46
              And that there were no positive reforms at all in Georgia? It’s just not entirely fair to call these reforms Sahak’s reforms, as other people developed and implemented these reforms, and Miho only did that tore his throat.
        2. Astoria
          Astoria 26 December 2017 10: 09
          As for the EAEU, Russia does not need the EAEU, but the integrated population of the EAEU to increase its own market, and besides Kazakhstan there are all the homeless people, and they will remain that way.
        3. Siban
          Siban 26 December 2017 10: 29
          Quote: avt
          He just referred to the positive mushroom Saa ... Ah! What kind of person to fight corruption in Georgia supposedly won!
          Well, what’s interesting is the “hysterical” Sahakyan was able to bring corruption in Georgia to an acceptable level, and the GB eshnik, the “macho-man”, whom, according to the duty of “God himself ordered”, for some reason could not .. request And on the contrary, he started a “black jack with whores” - in the sense: the cooperative “Lake”, a fur store, Shuvalov’s dogs, Sechin’s yachts ..
          And so of course, some kind of scum "Chairman-collective farmer", encroached on the "holy" am .. for staples .. angry
          1. avt
            avt 26 December 2017 10: 45
            Quote: Siban
            That’s interesting. The “hysterical” Sahakyan was able to bring corruption in Georgia to an acceptable level,

            bully Brought! good Clearly closed, as Piglet is on the Ruin now, all the main flows onto itself. Really - acceptable, for him and his lads level. bully
            1. Siban
              Siban 26 December 2017 13: 32
              Quote: avt
              Clearly closed, as now Piglet on Ruin
              Well, what am I talking about lol That's why he is a “piglet”. What to take from the pork .. But for Vladimir “Saint” with him, as you say “Brotherhood”, for some reason there are no complaints request Ali Putin’s “brotherhood” is highly spiritual and “strong”, not like the “tie-eater” and “piggy” ?!
              "Its not like it smells bully wassat?! "
              About the "level". Of course, where are the “xoxlobanderites” and “gruzunami” before the corgi of Russian Deputy Prime Minister Igor Shuvalov flying on a Bombardier Global Express private plane “for the glory of Russia”, Sechin’s yacht “St. Princess Olga ”, Yakunin’s little fur store .. Of course, where are Petyune and his lads, up to the GDP and his team.
              1. Squelcher
                Squelcher 26 December 2017 14: 43
                You can not hysteria to the headband already refused :).
    2. siberalt
      siberalt 26 December 2017 07: 06
      We wrote off debts to Uzbekistan, Mongolia, Kyrgyzstan, Armenia (140 billion since 2000). To whom else to write off - get in line at the EAEU. lol
  2. rotmistr60
    rotmistr60 26 December 2017 07: 07
    I would like to see common interests and unity of development paths at least on the horizon
    In this desire, I fully support the author. It's beautiful in words, but in reality everything is somehow lumpy and the feeling is that with clumsy hands. Ask passers-by what the EAEU is and not everyone will decipher this abbreviation.
  3. vlad007
    vlad007 26 December 2017 11: 05
    Quote: “Mutual trade of the countries of the Eurasian Economic Union for the period from January to October 2017 of the year is 44 billion US dollars. In terms of annual indicators, the growth amounted to approximately 26% of the indicators of 2016 of the year."
    How much is the cost of hydrocarbons in these $ 44 billion and at what prices are these hydrocarbons sold to EAEU members? Surely, if there are no customs duties, then the price of hydrocarbons for them is lower than world prices. And what in return? Belarus receives our oil at preferential prices and sells it to Ukraine, and it sells to us “Belarusian” shrimp and “Belarusian” apples from Poland.
    1. Ronald Reagan
      Ronald Reagan 26 December 2017 12: 29
      What do you dislike about shrimp? laughing
  4. Lexus
    Lexus 26 December 2017 11: 55
    A lot of contradictions and a look from "his house" - you need to overcome this ...
  5. Nemesis
    Nemesis 29 December 2017 01: 23
    In reality, these countries only pump money out of Russia, and when something is needed for Russia, they send it away, immediately recalling their independence ...