Russias non-resource-based exports will reach historic …

By years end, Russias exports not based on resources or energy will reach a record $180 billion, Russian Export Center (REC) CEO Veronika Nikishina told reporters on the sidelines of the Eurasian Womens Forum.

According to Russian Export Center estimates, for the 9 months of 2021, non-resource non-energy exports in nominal terms amounted to around $135 billion, which means an increase of almost 40% compared to 2020, she said.

Nikishina added that in October, the value of these exports will surpass the figure for the whole of 2020 around $141 billion.

By the end of the year, the countrys non-resource, non-energy exports will set a new historical record they may amount to $180 billion, Nikishina added.

Among the main exports for September, she mentioned rolled steel, fertilizers, wheat, steel, platinoids, lumber, aluminum, fish, copper wire, turbo engines, and polymers.

Nikishina added that the product categories are representative for the year, and the list of major export commodity items is changing slowly this is a characteristic feature of all major exporters.

According to the RECs press service, gold is excluded from the calculation of non-resource exports.

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Russias non-resource-based exports will reach historic ...