Page 17 - RusRPTMar23

Imports of goods and services: Analysts also raised their import value forecasts for 2023-2025 compared to the December survey. Imports are expected to be $360bn (+$10bn) in 2023, $374bn (+$9bn) in 2024. Forecasts for 2025 rose to $390bn (+$15bn) and exceeded the 2021 level (by 2.6%) for the first time since the surveys had started (since June 2022). (chart)
USD/RUB exchange rate: Analysts expect a slightly weaker ruble compared to the December survey over the entire forecast horizon with a gradual weakening trend. Analysts’ forecast for 2023 — 72.0 rubles per dollar, for 2024 — RUB73.8 per dollar, for 2025 — RUB75.6 per dollar. (chart)
17 RUSSIA Country Report March 2023 www.intellinews.com