EsRussia’s international trade expanded for a 10th straight month in August, with a 28% jump vs. 7% in July. Exports surged by 33%, despite a slowdown to just 5% in shipments to China. The impact of historic sanctions regarding the annexation of Crimea, as well as more recent U.S. actions, have been cushioned by rising energy exports. They climbed 14% including a 16% jump in oil products, 49% in coal and 30% in natural gas. Steel exports were the second fastest growing sector after coal in the past year, but may slow once the U.S. finally implements its section 232 review of the industry.<...>
To continue reading
Related Research
Supply Chain Edge: ONE’s big target, Taiwan’s quake, solar’s eclipsed
• In new research this week, we take a deeper look at the supply chain impact of the Francis Scott Key Bridge disaster in Baltimo... Read more →
Supply Chain Edge: Red Sea meets Black Friday, cars impounded, PlayStation cut
• In new research this week, we take a deep dive into the impact of Red Sea shipping disruptions on the apparel industry. Should ... Read more →
Supply Chain Edge: Shipping rates reverse, AI saves the day
• Logistics networks are continuing to adapt in the face of ongoing disruptions to shipping through the Red Sea, including reduce... Read more →
Supply Chain Edge: Shelving Red Sea plans, ‘forceful measures’ for EVs
• In new research this week, we extend our analysis of the fallout from the logistics disruptions in the Red Sea. In the furnitur... Read more →
