Template-Type: ReDIF-Paper 1.0
Author-Name: Yuriy Ponomarev
Author-Name-First: Yuriy
Author-Name-Last: Ponomarev
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name: Ksenia Rostislav
Author-Name-First: Ksenia
Author-Name-Last: Rostislav
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: Russia's transportation complex in 2023
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.
Classification-JEL: L91, L92, L93, L99
Keywords: Russian economy, transportation industry, freight tariffs, passenger traffic, railways
Creation-Date: 2024
Revision-Date: 2024
Length: 20 pages
File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2024-1336.pdf
File-Format: application/pdf
File-Function: Revised Version, 2024
Handle: RePEc:gai:ppaper:ppaper-2024-1336