The volume of goods imports to Russia is gradually recovering after a 7.8% drop in 2022 and could break the 2021 record by the end of 2023. such a guess it contains The RIA Novosti agency wrote in Roscongress’ report “Prospects for the ruble: a new factor and the coveted yuan”.
According to the report, in the first quarter of 2023 (January-March), the foreign trade surplus amounted to $29 billion, three times less than the same period of 2022.
“Two factors are at work here: Import volume, which decreased by 7.8% in 2022, is recovering. And maybe this year, if the results of January 2023 turn out to be a statistical deviation, it will exceed the record values of 2021, ”the document states.
In 2021, Russia’s purchase of goods from other countries increased by 26.5% compared to 2020, breaking the record of eight years with $296.1 billion. In the same period, exports increased by 45.7% and reached $493.3 billion. 2020.
This week, Heli Simola, Senior Economist at the Bank of Finland Institute for Emerging Economies (BOFIT) knowledgeableTrade between Finland and Russia fell below the 1999 low of 150 million euros.
Source: Gazeta
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