Russia has no plans to resume publication of customs statistics, reveals official

Russia's Federal Customs Service has confirmed that it has no intention of resuming the publication of exports and imports statistics in the near future, said the agency's acting head, Ruslan Davydovon, on June 20.

The suspension of publication has been in effect since the spring of 2022.

Davydov explained the decision by claiming that "a real economic war is being waged against us, so we see no point in playing along and revealing our cards in the near future.”

Read also: Russia enters sovereign default after missing FX bond payments – Bloomberg

He said that share of Russia's trade turnover with EU countries has declined to 18% since the beginning of 2023. However, he claimed that exports from Russia in physical terms have only experienced a minimal decrease of 2%.

Davydov attributed the decline in export value to the fact that oil and gas prices were significantly higher last year compared to the present.

Read also:

• Revised World Bank forecast slashes Ukraine’s economic growth expectations

• Ukrainian businesses grapple with economic fallout of Russian aggression, only 6% remain unaffected

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Read the original article on The New Voice of Ukraine