Actuality February 11, 2008

   The foreign trade turnover in 2007, as estimated by the Ministry of Economic Development and Trade, totaled $579,3 bln, and increased by 23,6% (in 2006 – by 26,9%). The foreign trade turnover with the far abroad countries totaled $493,9 bln (growth by 25,3%), with the CIS (Commonwealth of Independent States)  countries – $85,4 bln (growth by 25,7%). In the total volume of commodity turnover to the export stake falls 61,1%, import – 38,9 %.

   Export of commodities, as estimated by the Bank of Russia, totaled $354 bln in 2007, and increased by 16,5% as compared to 2006 (in 2006 – by 24,7%). Import of commodities totaled $225,3 bln, and increased by 36,8% as compared to the relevant period of 2006 (in 2006 – by 31,3%).