In the first half of 2009, Russia’s foreign trade dropped 44,1 percent to a total of 208.3 billion USD, the Russian Statistical Service informs. Exports were down 46,8 percent, while imports were down 39,3 percent to 82,3 billion USD.
The trade balance still remained positive – 43.6 billion USD
The drop is the country’s foreign trade will continue to drop dramatically in 2010, new estimates from the Ministry of Finance show. According to the figures, exports will drop another 45 percent year-on-year, while imports will drop 55-58 percent, Oilru.com reports with reference to Rosfinkom.ru
