Page 40 - RusRPTApr19

The net capital outflow from the private sector increased substantially in 2018. The flow of direct investments from abroad into the Russian corporate sector (excluding banks) dried up almost entirely, while FDI outflows from Russia remained rather notable. Similar to 2017, banks’ capital outflow abroad mostly arose from decreases in their foreign liabilities.
Trade turnover between Russia and China in January 2019 increased by 10.8% on an annualised basis to $9.2bn, China's General Administration of Customs said in a report issued on Thursday. China's exports to Russia grew by 11.5% in the first month of 2019 and exceeded $4.3bn. Russia's exports to China also increased by 10.2% to $4.89bn. In 2018 trade turnover between Russia and China increased by 27.1% on an annualised basis to $107bn. Russia and China are hoping to grow trade turnover from $100bn in 2018 to $200bn by 2020.
The Russian Federation remained Ukraine’s main trade partner in 2018, despite mutual trade restrictions imposed in 2016. In 2018, Ukrainian exports to other countries amounted to $47.3bn, an increase of 9.4% compared with 2017, according to the figures released by the State Statistics Service on February 19. The biggest share of the country’s exports ($3.7bn) still falls on Russia, despite a 7.2% decrease, which is followed by Poland ($3.3bn), Italy ($2.6bn), Turkey ($2.4bn), Germany and China ($2.2bn each). All in all, 42.5% of Ukrainian exports ($20.2bn) were to EU countries last year. Among importers, Russia also remains the first. In 2018, imports of Russian goods to Ukraine rose by 12.3% compared with 2017 to $8.1bn. China was the second ($7.6bn), followed by Germany ($5.9bn), Belarus ($3.8bn), and Poland ($3.6bn). Total Ukrainian imports equaled $57.1bn last year, an increase of 15.2% compared with 2017, with 40% ($23.2bn) from EU countries.
40 RUSSIA Country Report April 2019 www.intellinews.com