Russia's fuel and energy exports stable in volume terms, surge 1.5-fold in value terms - customs service

VLADIVOSTOK. Sept 6 (Interfax) - Russian exports of products in the fuel and energy complex are stable in volume terms, and they have grown substantially in monetary terms owing to the market conditions, Vladimir Ivin, deputy head of the Federal Customs Service (FCS), said during an interview with Rossiya 24 TV channel on the sidelines of the Eastern Economic Forum 2022.

When answering a question on the dynamics of exports during the interview, Ivin recalled that publishing customs statistics has been suspended, so he could not divulge the exact figures.

"I will say this. When considering our main exports, fuel and energy products, then the dynamics here are slightly mixed in value terms and in volume terms. We are in principle at the level of last year in volume terms. Regarding exported volumes in value terms, in U.S. dollars, then we are of course in a solid plus when accounting for the rise in energy prices, and our exports of the products have surged more than 1.5-fold," Ivin said.