The EU cannot eliminate its Russian dependence; purchases of metal products and LNG are increasing. The results of January-August 2024 show that the EU imported 3.9 million tons of metallurgical products of Russian origin. Analysts note that import costs reached €1.87B, and predict that by the end o... #MetallurgyRussia #Russiaexport #RussianEconomy #RussianLNG #RussiaProfits #SanctionsAgainstRussia
One more Russian industry has problems with exports due to the strengthening of American sanctions and the mass blocking of bank payments. Thus, Russian metallurgists faced a sharp drop following coal companies, which lost 17% of exports in January-June. According to Russian Railways, the export of metals by rail decreased by 14% compare... #MetallurgyRussia #PaymentsBlocking #Russiaexport #RussianEconomy #SanctionsAgainstRussia
The Russian Federation’s export revenue falls by 28%. The main reason for the change in trade balance is the effect of sanction restrictions. The most painful blows to exports are a reduction in the supply of raw energy supplies and a decrease in their p... #AgroRussia #Gazprom #Russiaexport #RussianEconomy #RussiaProfits #SanctionsAgainstRussia
Russian exports fell almost 30% in a year, and US sanctions have blocked their tanker fleet. According to Reuters, the total volume of Russian exports decreased by 28.3% to $425.1B. The most noticeable drop was in European supplies, which was by 68% to $84.9B. On the other hand, exports to As... #OilEmbargo #Russiaexport #RussianEconomy #RussianOil #SanctionsAgainstRussia
Russian exports to the EU decreased by $70B in the first half of the year. The largest drop was recorded in the hydrocarbons segment, particularly gas, crude oil, and petroleum products, which amounts to about $63B. The situation is worse with semi-finished products made of ... #Russiaexport #Russiandiamonds #RussianGas #RussianTrade #SanctionsAgainstRussia
Trade volumes in Russia have returned to the pre-war level. As the EP writes, Western sanctions have not caused significant damage to Russian trade. The indicators for exports and imports by the Russian Federation returned to the 2021 level. In 2022, prior to ... #Russiaexport #RussiaImport #RussianEconomy #RussianTrade #SanctionsAgainstRussia
It has become much more difficult for Russia to export grain by sea. Russian grain exporters are facing difficulties after Ukraine’s strikes on the Kerch bridge and Russian warships in the port of Novorossiysk. Russian marine terminals on the Sea of Azov have alr... #blacksea #CrimeanBridge #Russiaexport #RussianGrain
The US promises to pressure Russia to renew the grain agreement; Turkey to continue its dialogue with all parties. The US government’s position was voiced by the State Department’s spokesperson, Matthew Miller. He added that the US does not believe Russian explanations for withdrawing from the agreemen... #agroexportukraine #GrainAgreement #HakanFidan #MatthewMiller #Russiaexport
Attacks on Russian ships in the Black Sea have led to wheat prices increasing. Wheat prices rose after Ukraine used naval drones to disable a Russian oil tanker and warship. This threatened a key export route for Russian goods through the Black Sea. As Bloomberg writes, Russia, ... #Russiaexport #RussianOilExport #RussianShipsAttack #WorldWheatPrices
The EU has approved new sanctions against Russia. The new EU sanctions impose a ban on the purchase, import, export, or transfer, directly or indirectly, of gold originating in Russia to the EU or any third country, the press service of the Council o... #EUsanctionsforRussia #Russiaexport #Russiangold
