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Russia's transportation complex in 2023

Author

Listed:
  • Yuriy Ponomarev

    (Gaidar Institute for Economic Policy)

  • Ksenia Rostislav

    (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.

Suggested Citation

  • Yuriy Ponomarev & Ksenia Rostislav, 2024. "Russia's transportation complex in 2023," Published Papers ppaper-2024-1336, Gaidar Institute for Economic Policy, revised 2024.
  • Handle: RePEc:gai:ppaper:ppaper-2024-1336
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    File URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2024-1336.pdf
    File Function: Revised Version, 2024
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    More about this item

    Keywords

    Russian economy; transportation industry; freight tariffs; passenger traffic; railways;
    All these keywords.

    JEL classification:

    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
    • L99 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Other

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