MIL-OSI Russia: Financial News: Exports and Imports Decline Moderately in Q1

Translartion. Region: Russians Fedetion –

Source: Central Bank of Russia –

Exports in the first quarter of 2025 decreased compared to the same period last year due to lower world prices for oil and coal, a reduction in oil production, and the termination of gas transit to the EU. Demand for imports decreased in the context of an increase in the recycling fee and higher rates in the economy.

At the same time, the value of imports decreased less than exports. As a result, the current account surplus decreased in the first quarter of 2025 compared to the same period last year.

Read more in the quarterly issue of the information and analytical commentary “Balance of Payments of the Russian Federation”.

Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

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