The latest data on Russia's trade balance for January 2024 has been released, indicating a decrease compared to the previous month. In December 2023, the trade balance recorded a surplus of 10.22 billion. However, in January 2024, this figure decreased to 7.84 billion. This change suggests a shift in Russia's trade dynamics during the beginning of the year.
The data update on this economic event was made public on 13th March 2024, shedding light on the country's trade performance at the start of the new year. The fluctuation in the trade balance can have implications for Russia's economy and its global trade relationships. Analysts and policymakers will likely closely monitor these developments to understand the broader economic trends impacting the country.
