Russia's transportation complex in 2023

Yuriy Ponomarev and Kseniia Rostislav
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Yuriy Ponomarev: Gaidar Institute for Economic Policy

Published Papers from Gaidar Institute for Economic Policy

Abstract: The transportation complex is the most important component of the modern Russian economy, playing a systemic role, including in terms of the quality of life of the population and economic growth. In the previous years, the transportation industry faced a large number of challenges and crises related to the COVID-19 pandemic and international sanctions restrictions. Accordingly, the priorities for the transportation complex were to adapt to changes in the economy, overcome the “transportation blockade†and rebuild the industry. In 2023, the objectives of the transportation complex development were outlined. One of the achievements of the transportation industry in 2023 is the growth of cargo and passenger flows within the country. Thanks to the redirection from international to domestic transportation, the volume of passenger air transportation was restored. The number of international destinations increased: regular air service was established with 37 countries. The trends that emerged in 2022 continued: a decrease in the volume of cargo turnover by pipeline and air transport, growth in cargo transportation by sea and an increase in the role of motor vehicles in cargo transportation.

Keywords: Russian economy; transportation industry; freight tariffs; passenger traffic; railways (search for similar items in EconPapers)
JEL-codes: L91 L92 L93 L99 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2024, Revised 2024
New Economics Papers: this item is included in nep-cis, nep-tre and nep-ure
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