the volume of foreign trade of the Russian Federation for nine months amounted to $530.2 billion – Kommersant

The volume of Russian foreign trade in January-September amounted to $530.2 billion. Of this amount, exports accounted for $316.9 billion, imports — $213.3 billion, it follows from data Federal Customs Service (FCS). The trade surplus for this period amounted to $103.6 billion.

In the structure of exports, the share of mineral products decreased from 67% to 60.4% ($191.4 billion). The second largest export item was metallurgy products – its share increased to 15.2% ($48.2 billion). The largest import item was machinery, equipment and vehicles – their share increased to 50.6% ($107.9 billion). In second place are products of the chemical industry ($42.1 billion), in third place are agricultural products ($26.2 billion).

According to the results of nine months, Asian countries occupied the largest share in Russia’s trade turnover: exports to them accounted for $226.6 billion, imports of which amounted to $139.7 billion. Exports to Africa increased by 54.1%, to $15.6 billion, imports – by 9.5%, to $2.5 billion. Exports from the Russian Federation to Europe during this period fell by 69.9%, to $65.3 billion, imports from there decreased by 8.7%, to $59.2 billion. Trade turnover with the countries of America also decreased: exports – by 42.4%, to $9.3 billion, imports – by 8.2%, to $11.4 billion.

In June, the head of the Federal Customs Service Ruslan Davydov said that since the beginning of the year the share of trade turnover between the Russian Federation and the European Union countries has fallen to 18%. According to Ruslan Davydov, Russian imports have almost recovered to pre-crisis levels, while exports in physical terms decreased by 2%. The FCS called for an increase in barter transactions in international trade.

Laura Keffer

Be the first to read breaking news on Today’s latest news, and live news updates, read the most reliable English news website

Leave a Reply