The EU would win an all-out trade war with Russia hands down. The EU is Russia’s biggest trading partner, while Russia is the third largest trading partner of the EU. Exports to Russia make up 7.3 per cent of the EU’s total, while imports are 12 per cent. On the other hand, the EU buys 50 per cent of Russian exports and sells 42 per cent of what Russia buys from the outside. Also, foreign direct investment from the EU accounted for over 75 per cent of Russia’s total in 2012. FDI from Russia is a small 3 per cent of the EU’s total.