WORLD Russian PM Medvedev: exports of the country in three quarters of 2017 grew by a quarter

WORLD

Russian PM Medvedev: exports of the country in three quarters of 2017 grew by a quarter

TASS

22:31, November 27, 2017

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The volume of Russian exports in the first three quarters of this year grew by almost a quarter and reached $255 bln, Russian Prime Minister Dmitry Medvedev said on Monday in a conference with deputy prime ministers in Moscow, writes Russian news agency TASS.

"Export growth has been achieved for many types of products - in three quarters of this year, Russian exports amounted to $255 bln, according to preliminary customs statistics data. Compared to the same period last year, it grew by almost $52 bln, or by a quarter. In general this is a good dynamic," he said.

According to Medvedev, increase of world prices in part helped increase exports growth. "However, a significant, maybe leading factor is an increase of physical volumes of our supplies abroad," Medvedev said.

At the same time, he noted that growth of exports became possible due to the measures taken by the state to support it. Medvedev noted that small and medium-sized companies make up a significant share of exporters

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