The import growth rates, according to the Federal Customs Service

The Federal Customs Service has published the information about the import from far abroad to Russia in August 2011. In general the situation hasn’t changed—from the beginning of the year 2010 the amount of import to Russia is growing. During the last 8 months import in terms of value has made $165.4 milliard, and this is 42 % more than for the same period in the year 2010.

However, the comparison of the last index with the data of the Federal Customs Service for the previous months leads to the conclusion of the growth retardation—from 48% (in the terms of the year) in January—June of the year 2011 to 43 % in June—July and 42 % in January—August. This firm tendency can hardly be called unexpected—the import growth had been extremely high on the back of the rather sluggish growth of the home demand.

Only in August of the year 2011 the import amount from the far abroad has made $24.6 milliard against $19.4 milliard in August of the last year. The growth is 27%.

The food import in comparison with other groups of goods shows the decreasing growth rates. If in May 2011 there was imported food totaling to $3.77 milliard, in August –only $2.49 milliard. The purchasing (from August to August) of cereal-crops and oil has grown 72%, vegetables—26%, fish and beef—19 %. However, the import of poultry meat has decreased 12 %, dairy products—7%, tobacco—4%.

Source: www.tks.ru