02 March 2004 18:01
RUSSIA: COUNTRY`S PART IN WORLD TRADE REACHES 1.8 PCT
According to Ria Novosti, In 2003, the country's part in world trade has surged to 1.8%. At present
Russia's share in world GDP parity exceeds that of India or China being at the level of some industrialized
countries. German Gref recalled that, by preliminary estimate, Russia's foreign trade totaled $210.8 billion in
2003, showing a 25% increase from the last year's level. Meanwhile, trade with other countries (except former
Soviet republics) amounted to $174 billion a year ago. In Gref's words, the balance of trade was favorable, with
export surplus amounting to $60 billion. He also stressed that foreign countries accounted for 82.5% of Russia's
foreign trade, and CIS countries - for 17.5%. Last year, Russia's main trading associates were Germany, Italy,
China and the United States.
[InfoProd] |
RUSSIA IN FACTS
