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Ministry of economic development of the Russian Federation

Russia's exports in three quarters of 2017 up to $255 bln — PM Medvedev

27.11.2017

The volume of Russian exports in the first three quarters of this year grew by almost a quarter and reached $255 bln, Prime Minister Dmitry Medvedev said on Monday.

"Export growth has been achieved for many types of products - in three quarters of this year, Russian exports amounted to $255 bln, according to preliminary customs statistics data. Compared to the same period last year, it grew by almost $52 bln, or by a quarter. In general this is a good dynamic," he said.

According to Medvedev, increase of world prices in part helped increase exports growth. "However, a significant, maybe leading factor is an increase of physical volumes of our supplies abroad," Medvedev said.

At the same time, he noted that growth of exports became possible due to the measures taken by the state to support it. Medvedev noted that small and medium-sized companies make up a significant share of exporters.

Source: TASS



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