22 September 201509:19
Russia’s foreign trade turnover shrinks by a third
UrBC, Moscow, September 22, 2015. Russia’s foreign trade turnover shrank by 33.6% between January and July 2015 and amounted to $321.1bn. Rosstat reports export was down by 30.3% ($210.2bn), import by 39.2% (110.9bn). The balance of trade stood at $99.2bn. The decrease in imports was mainly due to such items as cars and other vehicles and equipment: 44.5% less of those got imported in Russia in the first half of the year ($44,957m in money terms). The decrease in exports had to do with shrinking supply of oil and other fossils (-37.3%, down to $136.23bn). The foreign trade figures changed