Commerce turnover between Russia and Finland within the first six months of 2021 has surged by 16% in comparison with the identical interval final yr, reaching almost $ 6 billion.
“Within the first half of 2021, the quantity of Russian-Finnish commerce elevated in comparison with the identical interval in 2020 by $ 796.6 million (15.eight%) and amounted to $ 5.84 billion,” the Russian Commerce Mission in Finland stated on Friday, citing Russia’s customs service information.
Russian exports to the neighboring nation elevated by $ 410.1 million (11.zero%), totaling $ four.1 billion, whereas imports additionally grew by $ 386.5 million (29.1%), to $ 1.7 billion.
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In response to the commerce mission, Russian exports included mineral fuels and oil merchandise, pure fuel, nickel matte, wooden and wooden merchandise, in addition to natural chemical substances and fertilizers. Finnish exports had been dominated by merchandise of technological industries, industrial and energy tools, electrical machines, land autos, paper and cardboard.
The amount of non-energy exports from Russia to Finland in January-June 2021 was 51.6% greater than in the identical interval in 2020. The commerce mission additionally famous that the value of Russian export items elevated for many commodity teams.
Final yr imports from Finland to Russia fell by virtually 19%, dropping under $ three.5 billion. Russian exports to Finland suffered a whopping 35% plunge, reaching a worth of simply over $ 6.eight billion. Each nations misplaced virtually $ 6 billion in comparison with 2019 resulting from a pandemic-related lower in commerce.
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In the meantime, in response to German logistics operator DB Schenker, Finland stays an undisputed chief among the many Nordic nations within the variety of consolidated shipments to Russia.
“Regardless of the pandemic and the restrictions nonetheless in power, we’re already witnessing a gradual development in freight visitors within the Russia-Finland route. Evaluating the quantity of consolidated shipments with comparable indicators of 2020, we are able to say that it elevated by 65%,” the corporate stated earlier this month, revealing plans to accumulate a Finnish logistics group Vähälä Yhtiöt to get a bit of the Russia-Finland commerce pie.
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