Posts Tagged ‘trade statistics’

Trade with Russia

December 3, 2013 Comments off

by Constantin Gurdgiev

The latest data on Ireland’s bilateral trade in goods shows continued strengthening of our trade surplus with Russia. In January-September 2013, Irish exports to Russia amounted to EUR485 million, up on EUR459 million year on year. Over the same period, Irish imports from Russia in goods sectors rose to EUR112 million – an increase of 36.6% year on year. As the result, Ireland’s trade surplus (goods sectors only) reached EUR373 million in the first nine months of 2013, virtually flat on EUR377 million trade surplus recorded in the same period of 2012.

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Some data and ideas on Russian economy

January 17, 2013 Comments off

By Constantin Gurdgiev. First published on

Russian economy quick summary of some latest stats and some disconnected ideas:

  • Q3 2012 real GDP +2.9% y/y down from +4% in Q2 and +4.9% in Q1 2012.
  • Expected Q4 2012 GDP growth +2.5%
  • November 2012 GDP growth of +1.9% y/y inflation-adjusted
  • Q1-Q3 2012 GDP +3.5% y/y
  • Q3 2012 consumption +5.1% y/y down from +6.9% in Q2
  • Expected full year consumption growth +4% y/y.
  • Consumer confidence down to lowest in 18 months (since Q2 2011) in Q4 2012 at -8, Q3 2012 reading was -6.
  • Industrial production is up +1.9% y/y in November, manufacturing activity +4%, manufacturing PMI at lowest level in 14 months in December at 50.0
  • Services PMI down to 56.1, from 57.1 in November
  • Composite PMI at 54.1 – a 4 months low.

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Ireland-Russia Bilateral Trade: Jan-Oct 2012 data

January 17, 2013 Comments off

By Constantin Gurdgiev. First published on

Some good data on Irish bilateral trade in goods with Russia. A graph and a table to summarise:

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Ireland-Russia bilateral trade, September 2011

December 19, 2011 Comments off

Dr. Gurdgiev: Irish exports to Russia totalled €46.9 million in September, up 61.2% yoy, against Irish imports from Russia of €7.8 million, up 14.7% yoy.

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Russian Economy – Summary 2011

November 18, 2011 Comments off

Dr. Constantin Gurdgiev’s concise but comprehensive overview of Russian economy on

EuroStat: Russia third trading partner of EU27

June 11, 2011 Comments off

On the occasion of the 27th European Union – Russia summit, which took place on 9 and 10 June in Nizhny Novgorod in Russia, Eurostat, the statistical office of the European Union, had issued data on trade and investments between Russia and the EU.

Download Eurostat Report

In 2010, Russia was the EU27’s third most important trading partner after the USA and China, with 87 bn euro exports accounting for 6% of EU27,  and 158 bn imports accounting for 11% of EU27 , resulting in EU27 trade deficit with Russia of 72 bn.

Ireland exports to Russia were 342 m euro, imports 147 m  euro, ranked 23rd and 24th respectively among EU27.