International trade of the Eurasian Economic Union (EAEU)

Abstract

Purpose: The main purpose of this research is to analyse the international trade of the EAEU member states. Methodology: The paper is based on the use of indicators such as the trade balance, intra-industry trade, import content of exports, trade openness, and the share of exports in GDP. Results: The results show openness to foreign trade and export orientation of the EAEU member states. Conclusion: The conclusion is that international trade, the rapid growth of export, and trade openness differ significantly between the EAEU member states.