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Cancel export tariffs on Russian 12bet online betting website ! Can my country's imports increase?
Source: China 12bet online betting website Market NetworkAuthor:Time: 2024-05-06 09:59Views: 550 times

According to data released by the State Administration of Customs,January-March 2024,my country imported 18.41 million tons of 12bet online betting website from Russia,compared to 23.64 million tons in the same period last year,Reduced by 22% year-on-year。As you can see from the picture below,The monthly import volume in the first three months of this year was less than last year。

12bet online betting website

The amount of Russian 12bet online betting website imported into my country this year is less than expected,Mainly affected by a series of restrictions on Russian 12bet online betting website exports。Reportedly,Due to the high transshipment fees at the OTECO terminal in Taman Port, 12bet online betting website exports are unprofitable,Many 12bet online betting website companies have suspended rail transportation to the port。Although the terminal has lowered the 12bet online betting website transshipment fee in the second quarter of 2024 from US-38/ton to US-19/ton。However,Nevertheless,Exports from the Kuzbass region remain unprofitable,Therefore, 12bet online betting website exports may continue to decrease。Other information,In the first quarter of 2024,Russian 12bet online betting website producers continue to face challenges and headwinds,Including: Railway companies increase freight,Implementing 12bet online betting website export tariffs,As well as many factors such as the cancellation of the priority of 12bet online betting website in railway transportation due to the limited transportation capacity of the eastern railway,And logistics issues。Therefore,Russian 12bet online betting website exports decreased in the first quarter。

In addition,Russian 12bet online betting website exports decline,It may also be related to the further increase of sanctions against Russia by the United States and other Western countries in late February。Sanctions include key Russian 12bet online betting website companies,Involving one-fifth of Russia’s 12bet online betting website exports。Affected by this sanction,Some Asian buyers are worried about potential risks,Reduced Russian 12bet online betting website purchases。January-March 2024,The cumulative volume of Russian seaborne 12bet online betting website exports is 3321.980,000 tons,21 year-on-year decrease.6%。

According to the latest news,April 28, local time,Russian government stated,Decided to cancel export tariffs on thermal 12bet online betting website and anthracite 12bet online betting website from May 1 to August 31 this year。This decision aims to support domestic 12bet online betting website industry enterprises。

The Russian government has implemented flexible export tariffs on 12bet online betting website since March 1st,Tariff rate is linked to ruble exchange rate。Depending on the ruble exchange rate,Tax rates range from 4% to 7%。If the ruble to dollar exchange rate is less than 80 to 1,The tariff is 0。Currently,The exchange rate of ruble to US dollar is about 92 to 1。

After the implementation of Russian 12bet online betting website export tariffs,Due to the compression of profit margin,End-user purchasing enthusiasm has also declined。Therefore,The latest adjustment to this policy,Will significantly reduce the cost of Russian 12bet online betting website imports,This may prompt terminals to increase their purchases of Russian 12bet online betting website 。

It is also understood,April 22 local time,Russian Foreign Minister Lavrov said when attending the meeting in Moscow,In the context of the comprehensive development of trade and economic cooperation between Russia and China,More than 90% of settlements between the two countries are conducted in local currencies,Russia-China trade has been almost completely de-dollarized。

Looking at it later,Russian 12bet online betting website imports are expected to increase month-on-month,But due to the high base last year,And Russian 12bet online betting website exports still face many uncertain factors,It is unlikely that my country’s Russian 12bet online betting website imports this year will exceed last year。


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