Publish in Special Reports - Wednesday, June 12, 2013
Russian trade fell with its top two trade partners in Latin America. Here capital Moscow (Photo: Dmitry Azovtsev)
Uruguay and Venezuela among trade growth winners.
BY LATINVEX STAFF
Russian trade with Latin America fell last year as a result of declines with its top two trade partners in the region, Brazil and Argentina. However, trade with Paraguay, Uruguay and Colombia jumped, according to a Latinvex analysis of data from the International Monetary Fund (IMF).
Russian trade with Latin America reached $13.3 billion last year, a decrease of 3.8 percent from 2011. Russian exports to Latin America fell 4.5 percent to $4.7 billion, while imports from Latin America declined by 3.4 percent to $8.6 billion.
As a result, Latin America’s trade surplus with Russia declined by 2.1 percent to $3.9 billion.
BRAZIL AND ARGENTINA
Russian trade with Brazil, its top trade partner in Latin America, fell ...
Table keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela