25.Nov .2020 12:00

Russia’s Trade Turnover Drop by 19.5% in Q3 2020

Russia’s Trade Turnover Drop by 19.5% in Q3 2020
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Russia's trade in the 3rd quarter, 2020 amounted to US$133.5 B, of which exports shared US$76.5 B and imports - US$57 B, down from US$165.7 B as compared to the same period last year.
 
Export from Russia in Q3, 2020 amounted to US$76.5 B, decreasing by 26% compared to the same period of the prior year, the recent data of the Ru-Stat reports.  
 
The list of the major exported goods incorporated: 40% - mineral products; 12% - natural or cultured pearls, precious stones, precious metals; imitation jewelry; coin; 11% - base metals and articles of base metal; 10% - hidden partition; 5% - products of the chemical or allied industries; 4% - vegetable products; 4% - machinery and mechanical appliances; electrical equipment; sound and television; 3% - wood and articles of wood; wood charcoal; cork and articles of cork; 2% - plastics and articles thereof; rubber and articles thereof and 2% - prepared foodstuffs; beverages, spirits, and vinegar; tobacco. 
 
As for imports to Russia in Q3, 2020, it amounted to US$57 B, decreasing by 8.68% compared to the same period last year. 
 
The major imported goods were as following: 34% - machinery and mechanical appliances; electrical equipment; sound and television; 11% - products of the chemical or allied industries; 8% - vehicles, aircraft, vessels and associated transport equipment;  7% - base metals and articles of base metal;  6% - textiles and textile articles; 6% - plastics and articles thereof; rubber and articles thereof: 4% - prepared foodstuffs; beverages, spirits and vinegar; tobacco; 4% - vegetable products; 4% - optical, photographic, measuring, musical, medical instruments and apparatus; clocks and 3% - hidden partition.