Russian exports up 50 percent


In the first three months of 2008, Russian exports were up 52 percent year-on-year from 2007. In the same period, imports were up 40 percent.


According to, the total value of Russian exports the first quarter of the year amounted to 109,6 billion USD, which is up 52,8 percent from the same period in 2007. Imports had a value of 59,8 billion RUB, which is up 39,8 percent from 2007. Of the exports, 93.6 billion USD went to countries in Russia’s socalled “far abroad”. The remaining 16 billion was traded with countries in the former Soviet area.