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EU’s share in Russia’s foreign trade drops to 49% in Jan-July 2014

The EU’s share was 50.2% in the same period of last year

© EPA/JULIEN WARNAND

MOSCOW, September 05, /ITAR-TASS/. The European Union’s share in Russia’s foreign trade dropped to 49.3% in January-July of this year, the Federal Customs Service said on Thursday.

The EU’s share was 50.2% in the same period of last year.

CIS countries accounted to 12.7% of Russia’s trade turnover in the first seven months of 2014 (13.3% in January-July 2013); Customs Union countries (Belarus and Kazakhstan) 6.6% (7.1%); Eurasian Economic Community (EurAsEC) countries 6.9% (7.4%); and APEC countries 26.3% (24.5%), the Service said

Russia’s principal trade partners in January-July 2014 were China ($51.8 billion - increase of 4.6% from the same period of 2013), the Netherlands ($45.1 billion - down 0.1%), Germany ($41.2 billion (down 0.2%), Italy ($30.2 billion - down 2.2%), Turkey ($18.4 billion - up 1.5%), Japan ($18.2 billion - down 3.2%), the U.S. ($18.2 billion - up 21.8%), the Republic of Korea ($16.2 billion - up 14.3%), Poland ($14.7 billion - down 3.2%), and Great Britain ($12.3 billion - down 6.8%).

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