General Discussion

Luizy

(43 posts) Sat Mar 26, 2022, 08:04 AM Mar 2022

Russian trade surplus growing, due to high oil prices.

Europe is unwillingly financing the war, so to speak.
Stay by huge amounts of oil from Russia.

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Russian trade surplus growing, due to high oil prices. (Original Post) Luizy Mar 2022 OP

I'm assuming this is more due to imports vanishing Amishman Mar 2022 #1

Nyet. Scrivener7 Mar 2022 #2

Amishman

(5,947 posts)

1. I'm assuming this is more due to imports vanishing

Reply to Luizy (Original post)

Sat Mar 26, 2022, 08:11 AM

Mar 2022

Trade balance and current account balance are both imports vs exports. Shrink the denominator and yes the balance will improve - but that ignores the overall bigger picture in this particular situation.

Scrivener7

(60,071 posts)

2. Nyet.

Reply to Luizy (Original post)

Sat Mar 26, 2022, 08:21 AM

Mar 2022

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