Trade volumes between Russia and Europe decreased in January-March 2023, but Russia began to trade more with a number of other countries with growth potential. This is the speech by Russian Deputy President Maxim Oreshkin at the federal training marathon “Knowledge. First”, Wrote agency TASS.
“We significantly reduced our trade volume with Europe in the last quarter. At the same time, trade with China, India, Turkey and some other countries is growing much more actively.”
Oreshkin described the reorientation of the trade process as a structural change with a long-term positive character. According to the deputy head of state, the country is now engaged in foreign trade with markets that are the future of Russia.
Eurostat press service in the first half of March reportedAt the end of 2022, the trade turnover between Russia and the European Union (EU) reached its maximum level in eight years.
Later acting Permanent Representative of Russia to the EU Kirill Logvinov declaration In 2022, trade between Russia and the EU will increase by 2.3% to 258.7 billion euros.
In mid-April, the General Administration of Customs of the People’s Republic of China knowledgeablereported that the country’s trade turnover with Russia in the January-March 2023 period increased by 38.7% on an annual basis and reached 53.84 billion dollars.