Russian Exports to the EU: A General Decline with Mixed Trends
Russian Economic Developments. Moscow. 2016, No 7, pp. 33-35
3 Pages Posted: 28 Jul 2016
Date Written: July 28, 2016
Due to a drop in prices on energy commodities, the share of Russian goods in the EU’s total imports in the 2013–2015 period fell 1.5 times over, that is, a decrease from 12.3% to 7.9%. The share of Russia in the EU’s imports and the share of the EU market in the Russian exports rose in such commodity groups as fertilizers, paper and aluminum, while a decrease was observed in supplies of mineral fuel, natural rubber, inorganic chemical products, nickel and ferrous metals. Russia’ share in the global exports of cereals and copper increased.
Keywords: Russian economy, export, foreign trade
JEL Classification: F22, J11, J61, J62
Suggested Citation: Suggested Citation