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Chekushov estimated annual imports at $23.1 billion.

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Photo: IZVESTIA/Andrey Erstrem
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The volume of parallel imports in Russia by the end of 2025 amounted to $23.1 billion and continues to decline amid the development of domestic production and new supplies. This was announced on February 20 by Roman Chekushov, State Secretary and Deputy Head of the Ministry of Industry and Trade of the Russian Federation, on the sidelines of an international forum within the framework of the Russian Business Week.

"Parallel imports amounted to more than $23.1 billion last year. This is an average of about $1.9 billion per month. I would like to note that this indicator is decreasing annually," RIA Novosti quoted Chekushov as saying.

According to him, the reduction in volumes is due to the gradual replacement of foreign goods with Russian analogues and an increase in the supply of products from friendly countries.

Financial expert Alexander Grif reported on February 3 that the strengthening of the ruble at the beginning of the year was the result of a combination of internal and external factors, including weak imports and a high trade surplus. Currency interventions by the Ministry of Finance and the Bank of Russia played a significant role, which increased the supply of foreign currency on the market. Additional support was provided by high prices for oil, gold and metals, which provided an influx of foreign exchange earnings. According to the expert, these factors contribute to the strengthening of the national currency and reduce pressure on the economy.

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