Imports of goods decreased by 19.3% - TBC Capital

Imports of goods decreased by 19.3% year on year, largely due to the decline in imports of transport equipment (-35.0% y / y) and oil products (-33.4% y / y). This is mentioned in the weekly review of TBC Capital.

According to the document, the import of consumer goods (-19.4% y / y), capital goods (-14.0% y / y) and industrial supplies (-15.3% y / y) also decreased, while the import of food products increased by 2.1% y / y.

As for exports, according to TBC Capital, in August 2020, compared to the 15.3% decrease in July, the rate of decline in exports decreased to 7.5%.

"Decrease was observed in the CIS countries (-20.3% y / y) and the European Union (-11.1% y / y), while exports of goods to other countries increased (+ 26.3% y / y), mainly to China (+ 62.1% y / y) ) and at the expense of increased exports to Turkey (+ 65.3%).

Exports of cars (-12.8% y / y), wine and spirits (-12.0% y / y), mineral waters (-8.8% y / y), medicines (-5.4% y / y) decreased by commodity categories. At the same time, exports of copper (+ 7.5% y / y), ferroalloys (+ 34.5% y / y) and gold (+ 38.9% y / y) increased significantly, "the review reads.