Importers from hostile nations received $256.5 billion less of Russian products, while Russia exported these commodities to other countries and profited by over $31 billion, Sputnik calculated based on open data.
Publish dateMonday 1 July 2024 - 10:27
Story Code : 292785
Afghan Voice Agency (AVA) - Monitoring: According to the trade statistics, Russian exports to unfriendly countries were uneven - while some items grew, others shrank.
Russia saw an increase in exports compared to the pre-sanctions period, with companies earning an additional $31 billion from trade with friendly countries, data from the Federal Customs Service show.
Western importers were mostly undersupplied with Russian minerals ($107 billion), jewelry ($38 billion) and metals ($21 billion).
Russia has repeatedly stressed that it is happy to trade with friendly nations in the wake of Western economic sanctions and warned that these restrictive measures will backfire, spurring inflation and triggering a cost-of-living crisis.
In January-February trade between Russia and China grew by 9.3%, with exports from Russia exceeding $20 billion. Earlier, Vladimir Putin and Xi Jinping set the goal of doubling bilateral trade. The goal was reached in November 2023./Mehr
Russia saw an increase in exports compared to the pre-sanctions period, with companies earning an additional $31 billion from trade with friendly countries, data from the Federal Customs Service show.
Western importers were mostly undersupplied with Russian minerals ($107 billion), jewelry ($38 billion) and metals ($21 billion).
Russia has repeatedly stressed that it is happy to trade with friendly nations in the wake of Western economic sanctions and warned that these restrictive measures will backfire, spurring inflation and triggering a cost-of-living crisis.
In January-February trade between Russia and China grew by 9.3%, with exports from Russia exceeding $20 billion. Earlier, Vladimir Putin and Xi Jinping set the goal of doubling bilateral trade. The goal was reached in November 2023./Mehr
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