"Friends" share more than 75% of Russia's foreign trade in 2023

China became Russia's most important trading partner in 2023.

The share of friendly countries in Russia's foreign trade was more than 2023% in 75, as Moscow has rapidly shifted deliveries from west to east, said Tatjana Monaghan, secretary general of Russia's ICC (International Chamber of Commerce).

In 2023, the share of friendly countries in Russia's foreign trade increased and was more than 75%. Here, of course, we can be happy that we managed to align the deliveries from west to east quite quickly without major losses,” he told reporters.

According to ICC-Russia, about 95% of payments between China and India were made in national currencies in 2023, and China became Russia's most important trading partner (29% of trade turnover).

/TASS/

1 comment on the post “"Friends" share more than 75% of Russia's foreign trade in 2023"

  1. Finland is also "shooting itself in the foot"... (Quote below from YLE's website)

    "Teija Santaharju
    Eastern exports of Finnish companies decreased more drastically than the average of companies in EU countries
    Eurostat's foreign trade statistics show that Finland's share of EU countries' exports to Russia and Central Asia was still 2021 percent in 3,9, but in 2023 the share was only 1,9 percent. Customs will tell you about it.

    Based on the statistics, Finnish companies have reduced their exports to the East significantly more than EU companies on average.

    Finland reduced its exports to Russia and Central Asia by almost 70 percent in two years, which was the third highest among EU countries"

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