Russia's foreign trade turnover grew by 8.1 per cent in 2022

Russia's foreign trade increased by 8.1 percent year-on-year to $850.5 billion in 2022, as reported by Xinhua News Agency, a partner of TV BRICS., citing the Russian Federal Customs Service.

Russia's exports rose 19.9 per cent to $591.5 billion, while imports fell 11.7 per cent to $259.1 billion, according to official data.

As a result, Russia's trade surplus reached $332.4 billion, up 66.6 per cent from the previous year.

The bulk of Russia's exports were mineral fuels, oil and refined products, which accounted for $383.7 billion, or 64.9 per cent of all exports.

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