Page 126 - RusRPTAug24

approximately 857mn $, 7.5% less than in the previous year. Among the top goods exported to Russia were wine, spirits, mineral and aerated waters and fruit, while goods imported from Russia to Georgia were petroleum and petroleum oils, petroleum gases and other gaseous hydrocarbons, bars and rods of iron or non-alloy steel, wheat and meslin, carboys, bottles, flasks and other closures, According to the National Statistics Office of Georgia (Geostat),
Turkey's exports to Russia decreased by nearly 22% in the first half of 2024, amounting to $3.795 billion. As a result, Russia fell from 7th to 10th place among Turkey's importers.
The Russian-Indonesian trade turnover increased twofold in recent years, despite the coronavirus pandemic and Western sanctions on Russia, President Vladimir Putin said at the meeting with President-elect of Indonesia Prabowo Subianto. "The trade turnover is on the rise, it grew twofold in recent years," Putin noted. "This is a very good trend and it continues making us happy," the head of state added. "We also expressed hope that the agreement on the free trade zone between the Eurasian Economic Union and Indonesia actually prepared for signing thus far will also play a very positive role, a noticeable role in development of our economic ties," Putin said.
● Products
Russia Becomes Largest Supplier of Iron and Steel to the EU The EU has increased its purchases of these metals from Russia by 29% month-over-month and by 1.2% year-over-year, reaching €373.1mn — the highest since June 2022. Exports to specific countries have surged, with shipments to the Netherlands, for example, increasing 7.3 times compared to the previous month. There is also a noted increase in European purchases of Russian aluminum, up 1.5 times month-over-month to €97.8mn, the highest since October 2023.
According to preliminary data, Russia took the lead in global wheat and barley exports in conclusion of the ended agricultural season [July 1, 2023 - June 30, 2024], department director of the Russian Ministry of Agriculture Alexander Malov said. "We have almost concluded the past agricultural season. According to its preliminary results, we are the first in wheat exports, the first in barley exports," Malov noted. Russia ranks third globally as regards grain and the grain market on the whole and second by vegetable oil exports, the official added.
Supplies of seafood from Russia to China reached a historical maximum and amounted to 1.29mn tonnes at the end of 2023, the Russian Federal Fisheries Agency reported. "Last year, 1.29mn tonnes of seafood were imported into the PRC - this is a historical high," Deputy Premier of the State Council of the People’s Republic of China, Zhang Guoqing, stressed at the fifth meeting of the Intergovernmental Russian-Chinese Commission for Cooperation and Development of the Far East of the Russian Federation and the Northeast of the People’s Republic of China," the statement says. The regulator clarified that over the past years, China has been the largest consumer of Russian fish products, accounting for about 50% of exports. The agency reports that according to Chinese customs statistics, 1.27mn tonnes of
126 RUSSIA Country Report August 2024 www.intellinews.com