Page 64 - RusRPTNov22
P. 64
While remaining high in historical standards, the surplus was a sharp decrease from the upwardly revised record-high from the previous quarter, as Moscow’s halt of natural gas supplies and the EU’s unwillingness to purchase Russian oil suppressed the goods surplus.
Extreme sanctions kept imports well below pre-invasion levels. The goods and services aggregate surplus rose to $68.4bn from $47.4bn in the prior year in the third quarter, but narrowed sharply from the $90.3bn from the second quarter.
64 RUSSIA Country Report November 2022 www.intellinews.com