Foreign Economic Activities in 2009** Excluding trade turnover with the Republic of Belarus In 2009 foreign trade turnover of the Udmurt Republic amounted to USD 373.2 million, decreasing by 58.9 per cent as compared with 2008. Balance of trade deficit in 2009 amounted to USD 7.6 million. In 2008 the balance of trade deficit amounted to USD 183.8 million. Trade turnover with the CIS countries in 2009 decreased by USD 64.1 million (49.4 per cent) as compared to 2008 and amounted to USD 65.6 million. Trade turnover with the CIS countries in 2009 accounted for 17.6 per cent of the total foreign trade turnover of the Udmurt Republic. Foreign trade turnover with the far abroad countries in 2009 decreased by USD 469.8 million (60.4 per cent) to USD 307.6 million. Trade turnover with the far abroad countries in 2009 accounted for 82.4 per cent of the total foreign trade turnover of the Udmurt Republic. Foreign Trade in 2009
The foreign trade turnover of the Udmurt Republic accounts for 0.91 per cent of the overall foreign trade turnover of the Privolzhsky Federal District where Udmurtia comes 10th among other federal subjects, the leaders being the Republic of Tatarstan, Samarskaya Oblast, Republic of Bashkortostan, Nizhegorodskaya Oblast and the Permsky Krai whose shares amount to 9.2 to 30.76 per cent. Exports from the Udmurt Republic in 2009 In 2009 exports from Udmurtia decreased by 49.5 per cent year on year and amounted to 182.8 mln USD. Exports to CIS countries decreased by 52.7 mln USD (49.3 per cent) to 54.2 mln USD, accounting for 29.7 per cent of total exports from the Udmurt Republic. Exports to the far abroad countries amounted to 128.6 mln USD, decreasing by 126.1 mln USD (49.5 per cent) year on year. Exports to the far abroad countries accounted for 70.3% of total exports. Breakdown of Exports from the Udmurt Republic
Arms and ammunition, machine-building products, metals and metal products prevailed in exports from the Udmurt Republic, with a total value of 138.1 mln USD (75.6% of total exports) which is 2.2 times less than that of 2008. Exports of machine-building products in 2009 amounted to 53.3 mln USD, 2.3 times less (by 68.4 mln USD) than in 2008. The share of this industry in total exports is 29.2 per cent. Imports into the Udmurt Republic in 2009 In 2009 the total amount of imports decreased by 65.1 per cent to 190.4 mln USD. Imports from the CIS countries decreased by 11.4 mln USD (by 50.1%) to 11.3 mln USD. Imports from the CIS countries accounted for 5.9 per cent of total imports into the Udmurt Republic. Imports from far abroad decreased by 65.7 per cent (343.7 mln USD) to 179.1 mln USD and accounted for 94.1 per cent of total imports into the Udmurt Republic. The value of imports from the far abroad exceeds that from the CIS countries 15.8 times. Breakdown of Imports into the Udmurt Republic
In 2009 the Udmurt Republic maintained trade relations with 82 countries, the primary trade partners being far abroad countries. They accounted for 82.4 per cent of total trade turnover, 70.3 per cent of exports and 94 per cent of imports. Primary Trade Partners of the Udmurt Republic
These trade partners of the Udmurt Republic account for 80.1 per cent of its foreign trade turnover. In 2009 the Udmurt Republic exported goods to 69 countries (66 in 2008).
Primary Exporters from the Udmurt Republic
In 2009 primary exporters from the Udmurt Republic accounting for 82 per cent of total exports were Kazakhstan (13.7%), the USA (9.6%), Egypt (8.8%), Hungary (8.3%), Ukraine (7.9%), Germany (7.8%), Venezuela (6.8%), India (3.7%), Uzbekistan (3.6%), Belgium (3.6%), Cyprus (3.4%), Azerbaijan (1.8%), China (1.5%), and the Netherlands (1.5%). In 2009 the Udmurt Republic imported goods from 56 countries (59 in 2008).
Primary Importers into the Udmurt Republic
In 2009 primary importers into the Udmurt Republic accounting for 93.5 per cent of total imports were Italy (31.1%), China (18.4%), the Czech Republic (13.5%), the Republic of Korea (7.4%), Germany (7%), Switzerland (3.9%), Kazakhstan (3.5%), Ukraine (2.4%), the USA (2.3%), Austria (1.8%), Ecuador (1.1%), and France (1.1%). As of January 1, 2010, the total amount of accrued foreign investment (including obtained and withdrawn in 2009) amounted to 232 mln USD.
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