Trade turnover between Russia and Brazil increased by 18% in 2021
2021-11-19 08:30

Trade turnover between Russia and Brazil increased by 18% in 2021

Russian-Brazilian trade turnover increased from January to September 2021 compared to the same period last year by 74.6%, reaching almost $5 billion, the Russian Ministry of Economic Development said.

Thus, the trade turnover between the countries for the incomplete year of 2021 has already exceeded the 2020 totals by 18.3%.

"Since 2010, Brazil firmly maintains its position as Russia's number one trading partner in Latin America, with a share of 33% of our country's trade turnover with the region," said head of the Ministry Maxim Reshetnikov.

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Author: Karina Kamalova