World Trade Facts

World Trade Month 2023 Fact #21


Russia's Exports By Value Increase

Russia’s exports increased by 15.6% from 2021 to 2022. The increase in Russia’s exports in value terms is driven mostly by goods in the primary sector such as fuels, fertilizers and cereals. The relatively limited increase in trade values in combination with the sharp increase in prices for these goods suggests a slight decline in export volume.

Source: World Trade Organization 

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