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In a situation of slowdown of global trade growth, growth in the Russian foreign trade turnover is declining, as well. It is to be noted that though during seven months of this year trade with far abroad countries showed positive dynamics there was a recession in relations with CIS states. The...
Persistent link: https://www.econbiz.de/10013089666
In September 2014, the Russian foreign trade turnover calculated on the basis of the methods of the balance of payments amounted to $64.6bn which is 12.4% lower than the respective index of the previous year. It is to be noted that the export of goods from Russia decreased by 13.4% to $38.8bn,...
Persistent link: https://www.econbiz.de/10011122138
Russia’s foreign trade key indicators plummeted in November 2014. The introduction of a “fiscal maneuver” in the oil and gas industry amid falling crude oil prices gave rise to substantial reduction in the crude oil export duty early in 2015. In an eff ort to set back such a price hike in...
Persistent link: https://www.econbiz.de/10011185638
In 2013, the last year’s trend of stagnation of the main foreign trade indices prevailed. It is worth mentioning that while within 10 months of 2013 the import dynamics remained positive, the export dynamics hit the negative zone and, as a result of that, the trade balance surplus decreased.
Persistent link: https://www.econbiz.de/10010739650
In February 2014, the main indices of the Russian foreign trade dropped considerably. The European Union submitted to the Secretariat of the World Trade Organization a query as regards consultations with the Russian Federation as regards measures affecting the import of live pigs, pork and pork...
Persistent link: https://www.econbiz.de/10010775477
In March 2014, Russia’s foreign trade turnover calculated on the basis of methods of the balance of payments amounted to $74bn which is 1.1% higher than the 2013 index. However, in general in the 1st quarter of 2014 the last year’s trend of reduction of the Russian foreign trade turnover...
Persistent link: https://www.econbiz.de/10010787844
In March 2013, a decrease in prices on the main commodities of the Russian export and slow-down of growth in the solvent demand as compared to March 2013 resulted in a reduction of the main indices of the Russian foreign trade. The Customs Union states have started to use more often the...
Persistent link: https://www.econbiz.de/10010674497
In April 2013, a decrease in the export with simultaneous growth in import was observed; due to the above the surplus of the trade balance of the Russian Federation dropped dramatically. In Russia’s foreign trade turnover, the share of CIS states keeps decreasing. On June 25, at the meeting of...
Persistent link: https://www.econbiz.de/10010693830
In September 2012, mixed dynamics of the main Russian foreign trade indices was observed: insignificant growth in the export and a decrease in the import (as compared to September 2011). Russia’s accession to the WTO has resulted neither in sharp import growth, nor abolishment of restrictive...
Persistent link: https://www.econbiz.de/10010667781
In November 2012, the negative dynamics of Russia’s main foreign trade indices was observed, which situation reflects a drop both in domestic and external demand. Having become a full member of the World Trade Organization, Russia has started to utilize instruments developed by the WTO for...
Persistent link: https://www.econbiz.de/10010667783