Trade: trade with the United States in 2015 fell 30% because of sanctions and market conditions

Trade: trade with the United States in 2015 fell 30% because of sanctions and market conditions


NEW YORK, December 25. /Corr. Natalia Slavina/. The trade turnover between Russia and the USA have decreased in 2015 by a third largely due to existing sanctions, mutual trade and the economy. This was stated in an interview with trade representative of the Russian Federation in the United States Alexander Stadnik.

See also

US ready to strengthen sanctions against Russia

“The main reason is not prevailing in our favor the situation in some of the most important segments of world trade and economy, as well as sanctions that have a direct impact on bilateral trade and economic relations,” – said Stadnik.

According to the trade representative, in 2015, the decline in trade between Russia and the United States has already exceeded 30%, and at year-end, when you’re processed all the data, “it will be a third”.

“The result is quite expected. First, the sanctions the Americans are blocking certain possibilities for building up comprehensive cooperation, including on overcoming negative trends in mutual trade. Secondly, the sanctions undermine the international framework of free trade, as well as the trust between partners, a sense of stability”, – said Stadnik.

See also

All sanctions of the West against Russia

In addition, said the interlocutor of the Agency, the Russian side will have to take retaliatory measures to defend its interests, which also affects the turnover.

If in 2014 the trade turnover between Russia and the United States amounted to about $25 billion, Russian exports exceeded $9 billion, U.S. imports – nearly $16 billion, by the end of 2015, the trade turnover hardly exceeded a mark of $20 billion From January to October 2015, bilateral trade amounted to about $17.4 billion (30.5 per cent), the exports of the Russian Federation – about $8 billion, us imports to Russia – about $9.4 billion

If Russian supplies in dollar terms fell by 12.3%, their volumes still increased, said Stadnik. This difference in figures is caused, including, a change in the currency rate. However, the decline in U.S. imports in the RF by 40.1% c- “this is a real performance,” he said.

Frozen relations

However, according to Stadnyk, leading politicians of the European States have already concluded the need for renewed positive interstate dialogue on trade and economic agenda with Russia.

See also

The United States expanded the list of persons and organizations in Russia, subject to sanctions in connection with Ukraine

“Despite the formal consolidated position of the EU towards Russia in terms of sanctions, a growing number of European countries are looking for opportunities to develop cooperation and to restore normal trade and economic relations,” he said.

This year Russia held joint meetings of the intergovernmental commissions on trade and economic, industrial and financial cooperation with a number of key member States of the EU, there were organized regular meetings of their co-chairs, held industry meetings, developed new business platform with participation of relevant government agencies.

“At the same time, in our relations with the U.S., such a dialogue will remain frozen solely on the initiative of the American side,” said Stadnik.

The restoration of the turnover is not quick

The restoration of the lost positions in case of cancellation of sanctions will not be quick and complete.

See also

Putin: Russia’s response to sanctions will be to develop the freedom of entrepreneurship within the country

“Sanctions are forcing manufacturers, exporters, importers and the entire market to shift, to replace the vacant seats, – said the trade representative. And even if sanctions will cancel, say, six months, then the next day nothing will recover automatically – niche market by that time will be spent by other players”.

According to Stadnyk, understand that almost all Western companies and therefore not only does not go contrary to the expectations of the ideologists of sanctions from the Russian market, but also start new projects.

“Our companies also continue to actively work on foreign markets, including the United States. In this sense, sanctions more noise,” – said the Agency interlocutor.

The reduced supply

According to the trade representative, the us supplies to Russia were primarily of the segment machinery in the first place, aircraft, civil Boeing.

See also

The reaction of business to the US sanctions, restrictive measures will not affect the work

“Less steel to supply the automotive vehicles, although it is mainly associated with contractual activities, but in some cases due to economic reasons,” – said Stadnik. – In connection with our response to virtually zero dropped shipments of American food and agricultural products, which previously accounted for about 10-11% of all U.S. exports to Russia. Almost zero imports of meat products, including meat and chicken breast”.

In this case, and Russian supplies of agricultural products and agricultural raw materials decreased by 37.5%. Almost a quarter fell Russian deliveries in the USA mineral products, and a third is petroleum products.

See also

Debt: the US sanctions against Russia do not reach the sought for Washington results

Sands: the Russian Federation will prepare measures in response to the extension of the sanctions list USA

Ryabkov: Moscow will respond to new US sanctions against Russia

Because of the sanctions the U.S. market left the “Kalashnikov”. But it is hardly possible to speak about serious losses for the Russian company, whose products are one of the most famous brands in the sphere of military-industrial complex.

“The situation with the product, which is designed mostly for Amateurs of firearms and collectors in the U.S. only increased the prestige of and interest in opportunities to acquire their own instance with the marking “Made in Russia”, – said the trade representative.

Russia has increased exports to the United States on a number of fronts

However, on a number of fronts, Russia has increased exports to the United States. According to Stadnyk, significantly, by nearly 140%, increased deliveries of mineral and chemical potash fertilizers. More than 40% increase in our export of group “machinery, equipment, vehicles”, textiles and shoes added another 60%.

In addition, taking into account the period of seasonal reduction of oil production in the United States and the Russian supply of crude oil to U.S. refineries increased in 2015 by 217%.

Production of Russian small and medium – sized businesses- medical devices, biological products, consumer electronics also can be an important article of export to the U.S., Alexander Stadnik.

According to him, the USA is a very popular healthy way of life, so the great demand for various fitness devices, devices that detect the state of the organism in different situations.

“Russian manufacturers are ready to supply a number of such electronic gadgets, among them innovative solutions that help people, for example, automatically calculate intake calories or adjust your posture. These products, according to marketing research, will be in America in great demand, because with an equal consumer properties of Russian products more adequate in comparison with foreign analogues the price,” – said Stadnik.

Chocolate expansion

One of new directions of Russian exports of small and medium enterprises in the U.S. the trade representative considers to be food products – honey, chocolates, baby food.

See also

Anniversary of retaliatory sanctions of the Russian Federation: what has changed in trade

“It would seem that there is enough chocolate, but candy, offers to supply which studies the representation, original and useful – berries and nuts in chocolate glaze, which in the U.S. market is not enough. We will try to promote these products both on the Eastern and on the West coast, and there are already concrete examples of interest American businessmen in her supplies on the shelves of large retail chains”, – said the trade representative.

No less promising goods for export and he believes the Russian honey. “Now the product gets to the American consumer, mostly through dealers in third countries, which is losing part of its properties. We plan to work with the export support centres in Russian regions for supplies of the original product directly from the manufacturers,” said Stadnik.

In 2015, the Russian trade mission started with about 45 new projects, providing for the exit of the Russian manufacturers to the US market or attracting investment in the industrial infrastructure of the Russian Federation.

In April 2016 in new York will host the first Business forum “Russia: Start-Up-Grade”, designed to attract the attention of American business to the new tech Russian exports.

“The main task is the commercialization of Russian developments of small and medium business, expand into American and global markets,” said Stadnik.