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2010 October 22   11:18

Nine-month foreign trade turnover of Russia’s North-West up 40% to nearly $68.7bn

Foreign trade flows passing through the North-West Customs Directorate (NWCD, SZTU) in January-September this year increased by 40% compared with the same period of 2009 and totaled $68.699 billion, the regional customs agency said.

Exports passing via NWCD grew by 39% in the reporting period to $30.819bn, imports - by 40% to $37.880bn, while share of CIS countries in foreign trade volume soared 97%. The main trading countries are the Netherlands (29% of the total turnover), UK (12%), Switzerland (8%), United States (6%) and Germany (4%). In the structure of outbound goods Russian exports of fuel and energy products, metals and metal products, as well as machinery made up 54%, 21% and 8.4%, accordingly.

The main importing countries were China (21%), Germany (11%), United States (6%), Brazil (5%) and Finland (4%). The imported goods were largely products of engineering industry, as well as food and chemical products.

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