By Kyiv School of Economics External environment has become dramatically less supportive for the Russian economy and critical buffers are coming under pressure, Kyiv School of Economics (KSE) said in its latest Russia Chartbook released on January 24. The most important change to Russia’ macroeconomic situation over the past twelve months has been the sharp deterioration of its external balance. In 2023, total goods exports reached $423bn, a decline of 29% vs. the previous year, report KSE analysts Benjamin Hilgenstock, Yuliia Pavytska and Vira Ivanchuk. This has contributed to much smaller tr…