Russian Foreign Trade

The share of Australia and the countries Oceania in Russia's total exports declined significantly in the 1st quarter of 2017 over the 1st quarter of 2016.

Though Russia's trade with Asian countries did not show positive dynamics in the 1st quarter of 2017, Asia is viewed by Russia as very promising partner.

The share of African countries in Russia's total exports has significantly declined in the 1st quarter of 2017.

Russia's trade with European countries began to recover after significant decline.

The share of South American countries in Russia's total imports has declined, despite the Russia's willingness to buy more South American food products.

Russian trade in goods with the countries of North America did not change significantly in Q1 2017 compared to Q1 2016.

The share of Australia and the countries Oceania in Russia's total trade declined by 26.6 percent in 2016 over 2015.

Though Russia's trade with Asian countries did not show the significant positive dynamics in 2016, Asia is viewed by Russia as very promising partner.

The share of African countries in Russia's total exports has significantly rose in 2016.

Russia's exports to European countries continues to fall as a result of the European Union sanctions on Russia.