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| Russia’s non-energy exports topped $160 billion last year | Russia’s non-energy exports topped $160 billion last year |
| (about 1 month later) | |
| The value of shipments of finished products and goods from Russia exceeded $160 billion in 2020, representing 3.5-percent growth from the previous year, according to CEO of the Russian Export Center (REC) Veronika Nikishina. | The value of shipments of finished products and goods from Russia exceeded $160 billion in 2020, representing 3.5-percent growth from the previous year, according to CEO of the Russian Export Center (REC) Veronika Nikishina. |
| “According to the REC estimates, non-resource and non-energy exports topped $160 billion in 2020 with the share of these shipments amounting to nearly half of all Russia’s sales abroad,” the official said. | “According to the REC estimates, non-resource and non-energy exports topped $160 billion in 2020 with the share of these shipments amounting to nearly half of all Russia’s sales abroad,” the official said. |
| She added that the number has grown nearly three-and-a-half times since 2000, when the exports of finished goods and products amounted to $46 billion. | She added that the number has grown nearly three-and-a-half times since 2000, when the exports of finished goods and products amounted to $46 billion. |
| The institution expects further growth of Russia’s non-resource and non-energy sales abroad, even if analysts leave out the country’s gold exports. | The institution expects further growth of Russia’s non-resource and non-energy sales abroad, even if analysts leave out the country’s gold exports. |
| Earlier this week, the Russian government reported that non-resource and non-energy shipments surged 35.2 percent between January and November 2020 versus the same period a year ago. Industrial exports rose nearly 36 percent and amounted to $32 billion, while sales of agricultural goods saw growth of nearly 29 percent, totaling $3.4 billion. | Earlier this week, the Russian government reported that non-resource and non-energy shipments surged 35.2 percent between January and November 2020 versus the same period a year ago. Industrial exports rose nearly 36 percent and amounted to $32 billion, while sales of agricultural goods saw growth of nearly 29 percent, totaling $3.4 billion. |
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