Russia has been actively rising commerce with the US this yr, significantly in vitality, mineral fertilizers and timber, Ruslan Davydov, First Deputy Head of the Federal Customs Service, has informed RIA Novosti.
“America is historically one of many 5 or seven main buying and selling companions of our nation. Usually, commerce is rising because of the improve in the price of commodities, together with vitality, metals, timber, grain, and meals. All these items have grown in value,” Davydov defined.
In line with the customs service, the quantity of commerce between Russia and the US surged by 48.7% in January-August, to greater than $ 23 billion. Exports from Russia to the US amounted to $ 11.78 billion , up by 70.eight%. US exports to Russia accounted for $ 11.58 billion, a rise of 31.four% year-on-year.
The share of the US in Russia’s complete foreign-trade turnover for the reporting interval elevated to four.eight% from four.four% a yr earlier.
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