Exports of three goods in Russia showed the largest growth in one year, writes red blood cell. These commodities were nickel, fertilizers and mineral fuels.
According to the publication, last year Russia exported nickel and its products for $ 5.8 billion, by 2021 the growth was 190%, fertilizer exports were $ 19.3 billion, the annual increase was 54.3%, mineral fuel – $ 383. 7 billion, up 42.8%.
Speaking of the decline, the largest figures were recorded in land transport (41.5%), furniture (32.2%) and precious metals (28.8%).
Former US edition of Politico WroteThat the sharp increase in Europe’s purchase of liquefied natural gas (LNG) from Russia could turn into a “trap” for the European Union (EU). Moscow could use such energy exports as “blackmail” when the EU needs to build up reserves for next winter.
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.