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Overall Imports. Our data shows that Russia’s total imports for the period from MarchSeptember 2022 in dollar value was 30% below the corresponding period in 2021. When seasonality is added, monthly June-September imports were 35% below each of the corresponding months of 2021. We expect that during the last quarter of 2022 and throughout 2023, Russia’s imports will recover. During the first three quarters of 2022, the 129 composition of Russia’s top importers changed (Figures 12 and 13). Prior to the war, the list was led by China, Germany, the Netherlands, South Korea, and Poland. Today, four countries supply over 50% of Russia’s total imports: China, Germany, Turkey, and South Korea,129 with the Netherlands still remaining a part of the top 5.
25 RUSSIA Country Report March 2023 www.intellinews.com