Reports on Russian trade in goods with African countries in Q2 2020

MOSCOW, Russian Federation - Aug. 26, 2020 - PRLog -- Russian Foreign Trade has released the reports on Russia's foreign trade in goods with the countries of Africa in the second quarter of 2020.

A brief review of Russia's trade with African countries in the 2nd quarter of 2020

The share of African countries in Russia's total trade (exports and imports) rose from 2.15% in the 2nd quarter of 2019 to 2.34% in the 2nd quarter of 2020.

The share of African countries in Russia's total exports rose from 2.61% in the 2nd quarter of 2019 to 3.13% in the 2nd quarter of 2020.

The share of African countries in Russia's total imports declined from 1.36% in the 2nd quarter of 2019 to 1.28% in the 2nd quarter of 2020.

The major trading partners of Russia in Africa in the 2nd quarter of 2020:

- The top five Russia's trade partners in Africa in the 2nd quarter of 2020 were Algeria (0.5537% of Russia's total foreign trade), Egypt (0.5401%), South Africa (0.2285%), Morocco (0.2097%), and Tunisia (0.0972%);
- The top five Russia's export markets in Africa in the 2nd quarter of 2020 were Algeria (0.9630% of Russia's total exports), Egypt (0.6578%), Morocco (0.2954%), Tunisia (0.1445%), and South Africa (0.1378%);
- The top five Russia's import suppliers from Africa in the 2nd quarter of 2020 were Egypt (0.3820% of Russia's total imports), South Africa (0.3502%), Morocco (0.0947%), Cote d'Ivoire (0.0884%), and Kenya (0.0495%).

The most notable changes in Russia's trade with the countries of Africa in the 2nd quarter of 2020 over the 2nd quarter of 2019:

- The share of Egypt in Russia's total exports declined from 1.2719% in the 2nd quarter of the 2019 to 0.6578% in the 2nd quarter of the 2020;
- The share of Algeria in Russia's total exports rose 2.4-fold from 0.3942% in the 2nd quarter of the 2019 to 0.9630% in the 2nd quarter of the 2020.

The reports are publicly available here: https://en.russian-trade.com/reports-and-reviews/2020-08/...

For more information on Russian foreign trade, visit https://en.russian-trade.com/