At the end of 2023, China’s share in Russia’s imports increased from 27 percent to 45 percent, while the share of developed countries decreased from 47 percent to 17 percent. Written in this post “Economy” economists Alexander Knobel and Alexander Firanchuk.
Experts point out that the growth in supply from China is unbalanced. In particular, imports of finished technical products (tractors and automobiles) increased sharply. But supplies of components for equipment production in Russia are growing much more slowly.
According to Knobel and Firanchuk, such a high concentration of imports from a single country poses risks. China will have a very strong negotiating position in the event of a trade dispute. Economists state that it is necessary to diversify trade and create an alternative payment system to reduce risks.
At the same time, China’s share in Russian exports increased to 28 percent, while the share of “unfriendly” countries decreased from 57 percent to 15 percent. The Russian Federation’s trade surplus is now mainly provided by “neutral” countries.
Before this, it was known that beer was not imported to Russia after the pandemic. rescued.
Previously at the Central Bank registered Overheating of the Russian economy.