Page 56 - RusRPTJul21

We feel this according to payments also," he added.
The surplus of Russia's foreign trade in January-April 2021 amounted to $41.2bn, which is 8.4% (or $3.8bn) down in comparison with the like period of 2020, according to the Russian Federal Customs Service.
In the reporting period, exports of goods gained 11.3% year-on-year to $129.5bn. Imports soared by 23.7% to $88.3bn.
This brings Russia's foreign trade turnover to $217.8bn in the reporting period of the year, showing an increase of 16%.
Fuel and energy goods traditionally constitute the backbone of Russian exports and accounted for 52.1% of the Russian exports in January-April 2021 (58.1% in four months of 2020). Equipment and machinery accounted for 49.6% in the structure of goods import in the reporting period (45.7% a year earlier).
The country structure of the Russian foreign trade comprised the European Union with the share of 35.4% of the Russian trade turnover in January-April 2021 (36.5% in the like period of the last year), APEC countries — 34.1% (33.6% earlier), CIS countries with 12.5% (12% earlier), and EAEU countries — 9.3% (8.2%).
Key trading partners of Russia among non-CIS countries in January-April of this year are China with the turnover of $39.2bn (up 22.3% year-on-year), Germany — $16.4bn (+22.8%), the Netherlands — $12.4bn (+11.7%), the United States — $10.2bn (+15.7%), Turkey — $9.1bn (+22.5%), the Republic of Korea — $9.1bn (+33.7%), Italy — $7.7bn (+14.5%), the United Kingdom — $7.2bn (+11.8%), Poland — $5.6bn (+17.5%), and France — $5.5bn (+21.5%).
56 RUSSIA Country Report July 2021 www.intellinews.com