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Follow on Google News | Reports on Russian trade in goods with European countries in Q1 2020The share of European countries in Russia's total exports has declined significantly in Q1 2020 compared to Q1 2019.
A brief review of Russia's trade with European countries in the 1st quarter of 2020 The share of European countries in Russia's total trade (exports and imports) declined from 52.36% in the 1st quarter of 2019 to 49.20% in the 1st quarter of 2020. The share of European countries in Russia's total exports declined from 56.75% in the 1st quarter of 2019 to 51.73% in the 1st quarter of 2020. The share of European countries in Russia's total imports rose from 43.71% in the 1st quarter of 2019 to 44.96% in the 1st quarter of 2020. The major trading partners of Russia in Europe in the 1st quarter of 2020: - The top ten Russia's trade partners in Europe in the 1st quarter of 2020 were Germany (7.6185% of Russia's total foreign trade), the Netherlands (6.1953%), Belarus (4.3207%), Italy (3.7541%), the United Kingdom (2.9547%), Poland (2.7679%), France (2.7012%), Finland (2.1755%), Belgium (1.7796%), and Ukraine (1.2829%); - The top ten Russia's export markets in Europe in the 1st quarter of 2020 were the Netherlands (8.9775% of Russia's total exports), Germany (6.2691%), the United Kingdom (3.7732%), Belarus (3.7505%), Italy (3.5118%), Poland (3.1536%), Finland (2.7816%), Belgium (2.2843%), France (1.6921%), and Latvia (1.3352%); - The top ten Russia's import suppliers from Europe in the 1st quarter of 2020 were Germany (9.8773% of Russia's total imports), Belarus (5.2750%), France (4.3903%), Italy (4.1595%), Poland (2.1222%), Ukraine (1.6490%), the United Kingdom (1.5845%), the Netherlands (1.5382%), the Czech Republic (1.5135%), and Spain (1.4048%). The most notable changes in Russia's trade with the countries of Europe in the 1st quarter of 2020 over the 1st quarter of 2019: - The share of the Netherlands in Russia's total exports declined from 11.6753% in the 1st quarter of the 2019 to 8.9775% in the 1st quarter of the 2020; - The share of Germany in Russia's total exports declined from 8.4946% in the 1st quarter of the 2019 to 6.2691% in the 1st quarter of the 2020; - The share of the United Kingdom in Russia's total exports rose from 1.9249% in the 1st quarter of the 2019 to 3.7732% in the 1st quarter of the 2020. The reports are publicly available here: https://en.russian- For more information on Russian foreign trade, visit https://en.russian- End
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