Oil export slump slashes Russia’s Q1 foreign trade surplus
Falling oil exports to Europe and ex-Soviet republics were among factors that slashed Russia’s foreign trade surplus by 13.6% in January-March year-on-year to $54 billion, according to data published by the Federal Customs Service. Russia’s exports in the Q1 fell by 5.2% to $124.4 billion, while imports grew by 2.5% to $70.4 billion.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.