Asia’s share in Russia’s 2023 exports was 72 percent 02:55

The share of Asian countries in Russia’s total exports by the end of 2023 exceeded 70%. The newspaper quotes this based on data from the Federal Customs Service (FCS). “Kommersant”.

According to the Federal Customs Service, Russia’s exports in 2023 decreased by 28.3% compared to 2022, from 592.5 billion dollars to 425.1 billion dollars. A decrease of this magnitude occurred due to a sharp decrease in the volume of supplies to European countries. Sanctions against Russia. In other words, this figure, which was 265.6 billion dollars in 2022, decreased by 68% last year to 84.9 billion dollars.

Russian exports to Asian countries in 2023 increased by 5.6% from $290.4 billion to $306.6 billion at the end of 2023, following the redirection of supplies to other markets. Such a small increase is explained, among other things, by the decline in prices. for Russian oil

The publication notes that if in 2022 the volumes of Russian exports to Europe and Asia were comparable, now the situation has changed dramatically. At the end of 2023, the share of Asian countries in the total volume of Russian exports was 72%, and in Europe only 20%. The remaining 8% of Russia’s exports go to African countries (up 43% to $21.2 billion) and North and South America (down 40% to $12.2 billion).

Imports increased by 11.7 percent to 285.1 billion dollars in 2023. The reason for the growth in imports was that imports of goods from Asia increased by 29.2 percent to 187.5 billion dollars. 111 billion dollars of this was from China. Imports of goods from Europe decreased by 12.3 percent to 78.5 billion dollars, from America decreased by 11 percent to 15 billion dollars, and imports from African countries increased by 8.6 percent to 3.4 billion dollars.

According to the Federal Customs Service, Russia’s exports of mineral products decreased by 33.6% to $260.1 billion, while at the same time imports of mechanical engineering products to Russia increased by 24.1% to $145.8 billion.

It was previously reported that he was in Russia. decreased Cargo turnover of ports.

Previously Nabiullina in the name The most painful sanctions against the Russian Federation.

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Source: Gazeta

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