Russian exports value increases in Q2 due to growth in global prices for raw materials
26 July 2022
News
The value of exported goods and services significantly exceeded the level of the same period in 2021 due to a favourable price trend in the global market. Furthermore, quantities of supplies of some goods decreased because of sanctions and countermeasures.
Amid external restrictions, the value of imported goods and services plummeted. Problems with payment for supplies and logistics had a negative impact on imports.
Read more in the new quarterly issue of the information and analytical commentary Russia’s Balance of Payments.