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Russia-UK trade turnover rises 56%

Christian Fernsby ▼ | October 3, 2020
The volume of Russia-UK trade in the first half of 2020 exceeded $10 bln, rising by 56% year-on-year, Head of Russia's Chamber of Industry and Commerce Sergei Katyrin told TASS on Friday.
Sergei Katyrin
Chamber   Sergei Katyrin
According to Katyrin, Russian exports increased by 86% to $8.7 bln, while imports decreased by 18% to $1.5 bln.

Topics: Russia

He clarified that the growth in exports happened due to a 9.2-fold or $7.2 bln increase in the value of gold supplies. In physical terms supplies increased 9-fold, or by 84.9 tonnes. "I have no doubt that after quarantine restrictions are lifted, the level of business activity in the Russia-UK relations will significantly increase," he added.