Russia is suffering catastrophic economic losses as a result of international sanctions, according to internal assessments cited by Ukraine’s Foreign Intelligence Service.
On Wednsday, an assessment of internal calculations made by The Security Service of Latvia (SAB) shows Moscow’s economy drowning in sanctions with losses across key sectors.
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According to SAB, Russia has spent about $130 billion over four years to circumvent sanctions and procure restricted Western goods.
Additional losses are projected to reach about $136 billion by 2030.
The agency estimated that potential losses in the energy sector alone could amount to $216.5 billion if the EU were to impose a full embargo on Russian energy exports.
Despite public statements by Russian officials claiming economic adaptation, internal assessments acknowledge a broader economic decline, including higher logistics costs, falling corporate profitability, reduced budget revenues, and long‑term structural distortions.
Analysts state these will not be possible to restore anytime soon.
Exports of several commodities have already significantly declined including, iron ore minus 40%, ferrous metals minus 20%, chemical products minus 35%, wood and cellulose minus 50%.
Any easing of sanctions is expected to only accelerate the remilitarization of Russia and strengthen support for anti-Western regimes.
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