But some countries see rise in imports from Russia on higher energy prices
Container vessels are seen docked at the Pasir Panjang terminal port in Singapore on January 17. Singapore is one of several Asian countries that has seen a fall in exports to Russia. (Source photos by Reuters and AFP/Jiji)
KENTARO IWAMOTO, SAYUMI TAKE and LIEN HOANG, Nikkei staff writers | Japan
TOKYO/HO CHI MINH CITY -- Exports to Russia from several Asian economies dropped significantly in March, showing the impact of the Ukraine war that started in late February and subsequent economic sanctions imposed by some Asian governments.
But many Asian economies reported increased imports from Russia for the same month, reflecting rising energy prices, and for some, their continued economic relationships with the nation.