In January-March this year Russian exports amounted to 94.9 billion USD, i.e.6.8% little than in the applicable period of the erstwhile year. The import remained practically unchanged (US$63.1 billion).
Everything owes a drop in the price of oil. At the end of the year, a barrel of Russian oil Urals cost $70.3. In March this year – 59 USD. More than half of Russian exports are energy natural materials. Their exports decreased by more than 14% in the first 4th of 2025. abroad sales of agricultural products besides fell.
However, the negative trade balance did not influence the Russian ruble course. In the first quarter, it strengthened against the US dollar from 102 to 85 rubles.
It is very possible that the downward trend will besides be maintained in the second 4th of this year. That's the point. The price of Russian oil in April fell to $54.8. The critical level ($50) for the Russian budget does not seem to be a distant perspective.
Source: Moscowtimes.ru
BIS improvement – survey Bulletin
