Trade Volume Between Russia and Thailand

The trade volume between Russia and Thailand in the first six months of 2002 amounted to $345.7 million, while in 2001 it equalled $395.2 million, reported the Russian Economic Development and Trade Ministry in connection with the official visit to Russia of Thailand's prime minister that starts on Wednesday.

Russian export to Thailand in the first half-year totaled 71.55 per cent of the same period last year, or $246.2 million. Russia mainly supplies Thailand with metal-roll and scrap metal, with volumes amounting to $150.8 million and $31.3 million respectively.

Russian import from Thailand in the first six months of 2002 equaled $99.5 million, while the total 2001 import was $81.1 million.

Raw sugar remains the main imported product, its imports in 2002 exceeded the pre-crises level of 1998 and amounted to $59.4 million in the first half-year, which is 62 per cent higher compared to the same period last year.

For the first time in the past five years Thailand's electronics took place among the first ten imported products. Computer imports grew by 100 times compared to 2000 and amounted to 7.8 million, becoming the main imported product after raw sugar.

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