Friday, August 22, 2025

Russia Classifies Import/Export Data Publications to Prevent Speculation

Russia’s customs service has decided to temporarily stop releasing import and export data in an effort to prevent the West from speculating on the impact of sanctions on the country.

According to Reuters, the Federal Customs Service suspended the publishing of trade balance data to make it more difficult for Washington and the European Union to gauge the implications their sanctions have on Russia’s imports and exports. “I think it is justified in order to avoid incorrect estimates, speculation, and discrepancies regarding imports,” said the service’s head, Vladimir Bulavin.

Prior to the temporary stoppage, the Federal Customs Service would disclose trade data on key goods within the first 10 days of each month. Now, the only data available was for January, which was published last month. The latest move comes after Russia’s Energy Ministry stopped publishing monthly crude production and export data earlier in April, while the country’s central bank halted releasing data on foreign trade and external debt.

Information for this briefing was found via Reuters. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Liberal Party Proposes Granting Itself Power to Sell Assets of Sanctioned Russians

The Liberal government has tabled a new proposal that, if passed, would grant it the...

Sunday, May 1, 2022, 11:10:00 AM

Matt Gaetz Thinks NATO Would Do Better Having Russia As A Member

Republican Representative Matt Gaetz is back stirring controversy by suggesting that NATO should consider Russia...

Thursday, July 13, 2023, 11:34:00 AM

Europe Refuses to Pay for Natural Gas in Rubles

The EU continues to shoot itself in the foot, this time by refusing to meet...

Sunday, March 27, 2022, 11:08:00 AM

Is Curaleaf Caught in the Russian Blast Crater?

As if Curaleaf (CSE: CURA) didn’t already have enough problems. US Treasury sanctions against Russian...

Thursday, March 3, 2022, 01:30:00 PM

Ghana Claims Burkina Faso Paid Russia With A Mine To Fight Local Insurgency

Ghanaian President Nana Akufo-Addo said that the government of neighboring Burkina Faso gave Russian mercenaries...

Thursday, December 15, 2022, 08:00:00 AM