Carbon Intensity of Products Under the EU CBAM: Assessment of Russia’s Competitiveness Based on Inter-Country Analysis

The implementation of the EU’s Carbon Border Adjustment Mechanism (CBAM) expands the concept of competitiveness of products in cross-country trade by adding a carbon footprint metric. An assessment of the carbon intensity of products, to which the CBAM will act (hereinafter CBAM products), is possible on the basis of IEA data and national inventories of anthropogenic emissions. The analysis shows that most Russian goods are characterized by a carbon footprint that is not higher than the weighted average level on the market. The only exceptions are building materials: cement, lime, glass. However, Russia’s export of these products to the EU is negligible. Thus, Russia has a worthy position in foreign markets, and the use of only CBAM does not affect the economic attractiveness of Russian goods in the EU.