Netherlands trade with Russia actually risen by 32% since war started, their exports to Russia fallen by 52% while imports from Russia risen by 74%. The article i linked is pretty interesting. NYT, basically official press of USA regime, is openly stating the sanctions fell flat on face.

[–] Shaggy0291@lemmygrad.ml 2 points 2 years ago

Don't suppose anyone has an unpaywalled version of the article?

[–] Shrike502@lemmygrad.ml 1 points 2 years ago (1 children)

their exports to Russia fallen by 52% while imports from Russia risen by 74%

That's kind of what I mean, yes? They're importing quite a lot, presumably in exchange for currency - as suggested by the falling exports. And what happens to said currency? It cannot be spent (due to sanctions and other factors). It just gets stashed away to keep the ruble value artificially low. And then gets burned away or locked out.

[–] PolandIsAStateOfMind@lemmy.ml 4 points 2 years ago

Like 3/4th of the world still accepts western money from Russia.