EAEU countries expect mutual trade growth of 6.3% in 2026 to $101.1 bln - EEC

SHYMKENT. March 27 (Interfax) - The member states of the Eurasian Economic Union (EAEU) expect the positive dynamics of mutual trade to continue in 2026, with an increase in trade turnover of 6.3% to $101.1 billion from $95.1 billion, the press service of the Eurasian Economic Commission (EEC) said.

The Eurasian Intergovernmental Council reviewed the EEC report on the macroeconomic situation in the EAEU member states and recommendations for ensuring sustainable economic development at a meeting in Shymkent on Friday.

"The value of mutual trade in the EAEU amounted to $95.1 billion in 2025, with its growth reaching 5.9% in the fourth quarter, which laid the foundation for positive dynamics in 2026. Mutual trade is expected to increase 6.3% to $101.1 billion. To develop mutual trade, systematic work is underway to eliminate barriers to access to the internal market, harmonize non-tariff regulation and administrative procedures, and the EAEU integrated information system is being developed. Unified rules for cross-border electronic commerce are also being formed in the EAEU," the EEC said.

The union's total GDP grew 1.7% in 2025. The main contribution to growth was made by the services sector, construction and active domestic consumption amid record low unemployment.

"The growth rates of the total GDP of the EAEU states in 2026-2027 are forecast at around 2.5% on average per year. To ensure long-term sustainability, the Eurasian Economic Commission is actively working, focused on increasing production potential, supporting labor mobility and strengthening internal financial and trade ties within the union," the commission said.