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RF-Japan trade grows 17% over 8 months of 2011

October 25, 2011, 12:45 UTC+3
The volume of trade between Russia and Japan from January to August of the current year increased by 16.7 percent in comparison with the same period of 2010
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TOKYO, October 25 (Itar-Tass) —— The volume of trade between Russia and Japan from January to August of the current year increased by 16.7 percent in comparison with the same period of 2010.

As ITAR-TASS learnt at the Japanese Finance Ministry, it amounted, according to preliminary data, by almost 1.59 trillion yens or by over 20.5 billion dollars (according to the current exchange rate).

Russian Minister of Trade and Industry Viktor Khristenko and Japanese Foreign Minister Koichiro Gemba stated during a talk held in Tokyo on Monday that the two countries’ trade turnover has already reached the pre-crisis level.

In 2010, the volume of trade between Russia and Japan actually grew twofold in comparison with the indices of previous twelve months, however, it didn’t reach the pre-crisis level then.

Russia’s exports mainly include supplies of non-ferrous metals, oil products and steel. Russia traditionally buys in Japan cars and other transport means, as well as products of the machine-building and metallurgical industry.

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