Page 59 - RusRPTFeb21

Russian non-resource and non-energy exports gained 3.5% year-on-year in 2020 and will be over $160bn, ​General Director of the Russian Export Center (REC) Veronika Nikishina told reporters on Thursday.
"According to the REC estimate, non-resource and non-energy export will be over $160bn in 2020, while its share in total exports is very close to a half. This is 3.5% more than in 2019 and almost 3.5 times more than in 2000, when exports totalled $46bn," she said.
REC also considers obvious preconditions are in place for growth of non-resource and non-energy exports in 2021, even if calculating them under a more strict procedure, without gold exports, Nikishina noted.
Russia’s foreign trade surplus fell by 41.9% on the year to US $7.917bn in November, ​the Federal Customs Service said on Monday. Exports amounted to $29.976bn, while imports to $22.059bn. In January–November, Russia’s foreign trade surplus decreased 42.7% on the year to $69.2bn. Exports fell 21.8% to $302bn, and imports decreased 6.8% to $209.3bn.
Russia’s oil export revenue fell by 39.8% on the year but rose 9.5% on the month to US $5.827bn ​in November 2020, the Federal Customs Service said in a report on Monday. In physical terms, oil exports went up 3.5% on the month but decreased 12.1% on the year to 19.534mn tonnes. Oil products exports increased 4.9% on the month to 10.157mn tonnes and revenue went up 4.9% to $3.04bn in November. In January–November 2020, oil exports fell 11% on the year to 220.241mn tonnes, with revenue falling 40.9% to $66.392bn. Oil products exports fell by 17% to 126.814mn tonnes, with the cost falling 33.1% to $40.663bn.
59 ​RUSSIA Country Report​ February 2021 ​ ​www.intellinews.com