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Russian Foreign Trade has released the reports on Russia's foreign trade in goods with the countries of North America in the first quarter of 2016.
The reports have been prepared by Russian Foreign Trade stuff based on the data from the Federal Customs Service of Russia.
In particular, the reports have been issued on Russia's trade with the following countries: the US, Mexico, Canada, Trinidad and Tobago, Cuba, Puerto Rico, Costa Rica, Jamaica, Guatemala, Honduras, Nicaragua and Dominican Republic (12 reports in total).
The reports are publicly available at: en.russian-trade.com
A brief review of Russia's trade with South American countries in the 1st quarter of 2016
The share of North American countries in Russia's total trade (exports and imports) rose from 4.56% in the 1st quarter of 2015 to 4.98% in the 1st quarter of 2016.
The share of North American countries in Russia's total exports rose from 2.80% in the 1st quarter of 2015 to 3.77% in the 1st quarter of 2016.
The share of North American countries in Russia's total imports declined from 8.34% in the 1st quarter of 2015 to 7.03% in the 1st quarter of 2016.
The major trading partners of Russia in North America in the 1st quarter of 2016:
- The top five Russia's trade partners in North America in the 1st quarter of 2016 were the US (4.04% of Russia's total foreign trade), Mexico (0.38%), Canada (0.28%), Trinidad and Tobago (0.09%), and Cuba (0.07%);
- The top five Russia's export markets in North America in the 1st quarter of 2016 were the US (2.92% of Russia's total exports), Mexico (0.35%), Canada (0.15%), Trinidad and Tobago (0.14%), and Cuba (0.09%);
- The top five Russia's import suppliers from North America in the 1st quarter of 2016 were the US (5.95% of Russia's total exports), Mexico (0.44%), Canada (0.42%), Puerto Rico (0.07%), and Jamaica (0.06%).
The most notable changes in Russia's trade with the countries of North America in the 1st quarter of 2016 over the 1st quarter of 2015:
- The share of the US in Russia's total exports rose from 2.24% in the 1st quarter of the 2015 to 2.92% in the 1st quarter of the 2016;
- The share of Cuba in Russia's total exports rose 6.4-fold from 0.0144% in the 1st quarter of the 2015 to 0.0926% in the 1st quarter of the 2016;
- The share of Trinidad and Tobago in Russia's total exports rose 173-fold from 0.0008% in the 1st quarter of the 2015 to 0.1384% in the 1st quarter of the 2016;
- The share of the US in Russia's total imports declined from 7.29% in the 1st quarter of the 2015 to 5.95% in the 1st quarter of the 2016.
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