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Crimea: Circumventing Trade Sanctions via Novorossiysk

Despite trade sanctions, Crimea is maintaining connections to international markets. Crimean traders are performing some logistical gymnastics to skirt sanctions, in particular transiting goods through the Russian port of Novorossiysk.
 
On paper, of course, Crimea is experiencing a severe trade crisis. Official statistics indicate that Crimea’s import volume in 2016 shrank by a full third compared to the 2015 level, a drop of $33.6 million. Exports fell by $31.8 million, a 40-percent decline from 2015. The city of Sevastopol, which is not formally part of the Republic of Crimea, reported a 12.6 percent fall in its imports and 66.8 percent fall in its exports in the same period, with volumes shrinking to $33.4 million and $5.9 million, respectively.
 

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Alexander Alikin is an independent journalist based in Crimea.

Crimea: Circumventing Trade Sanctions via Novorossiysk

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