1. RUSSIAN FOREIGN TRADE

2. Factors contributed to the decline of the early 1990s:  the collapse of CoMECon and trade relations with Eastern/Central Europe;  the rapid decline of the domestic demand for imports;  contraction in foreign currency reserves;  a decline in the real exchange value of the ruble;  the Government's imposition of high tariffs, VATs, and excise taxes on imports;  the reduction of state subsidies on some key imports;  declining production of crude oil, a key export

3. Foreign Trade Dynamics January-October 2001-2004 mln.USD

6. Foreign Trade of Russia with foreign countries (non-CIS) in billion US dollars ($) 19921995 200 02001 200 2200320042005 Russian Export (FOB) 42,263,789,385,491 113, 2 152, 2208,6 Russian Import (CIF) 3733,222,330,73644,257,879,6 Trade Turnover 79,496,9 111, 6 116, 1127 157. 4 210. 0288.2 Balance 5,430,56754,755 +69. 0 +94. 4 +129. 0

7. Export development trends

9. 2005 ALL GROUPS OF PRODUCTSExport (%)Import (%) 1 Food Products and Agricultural Raw Materials 1.117.0 2 Mineral Goods (Gas, Oil, Petrol, Ores, Coal, etc.67.5 0.9 3Chemicsl products5.5 17.9 4 Leather Raw Materials, Furs and their products0.1 0.3 5Wood, Timber, Pulp and Paper Goods3.4 6Textiles and Footwear0.2 3.3 7Precious Stones and Precious Metals3.2 0.3 8 Ferrous and Non-Ferrous Metals and Products14.5 5.1 9 Machinery, Equipment and Transport Equipment3.6 48.2 10Other Goods0.9 3.6 TOTAL100

12. Commodity structure of Russian export (%) non – CIS countries

19. Energy prices – Russian Export (excl. CIS)

21. Commodity structure of Russian import non – CIS countries (%)

23. Main trading partners January-October 2003 January-April 2004 May-October 2005 Country/ group of countries Share (%) Country/g roup of countries Share (%) Country/ group of countries Share (%) EU-1536,2EU-1536,7EU-2548,8 Candidate countries13,5 Candidate countries13,1 USA3,9USA3,3USA4,1 APEC16,1APEC16,1APEC17,1 CIS17,4CIS17,9CIS18,5