China became leading trading partner of Bashkortostan

UFA, 25 April 2017. /Bashinform News Agency, Olga Murtazina/. According to the Bashkortostan customs, the republican enterprises increased their exports to far-abroad countries by 40 percent, compared to the first quarter of the last year. In the same period of 2016, 186 enterprises conducted trading operations with 64 countries. This year there are 196 participants of foreign economic activity with 69 countries. Export deliveries increased by 39.2 percent, imports by 64.

The leading trading partner in both directions is now China. Plastics, rubber, industrial equipment and mechanical devices, tools, optics, medical equipment are delivered there. Products from ferrous metals (cast iron and steel), tools, spoons and knives from non-precious metals, products of organic chemistry, sauces are imported from China to the republic. "Alcohol, salt, vinegar and soap are not imported from China at all," the customs officials noted.

In the first quarter of the last year, according to import declarations, the first place was occupied by goods from Germany, from which mainly equipment, including medical equipment, was imported to the republic. Now the top ten exporters are China, Netherlands, Finland, Peru, Ukraine, Turkey, Uzbekistan, Lithuania, Japan, the USA; Importers - Ukraine, Germany, Uzbekistan, Italy, Spain, Japan, France, Turkey, Czech Republic. The first positions of trade contacts since the beginning of this year were left by the UK, Austria, Poland and India.

Foreign trade turnover, respectively, increased by 15 percent and amounted to 217.1 million dollars. Of these, 90 percent were accounted for exports. In its structure, engineering products are leading - mainly aircraft engines and their parts. Export indicators also increased regarding mineral products: bottom residues of benzene distillation - solvents for technical oils and cleaning of oil wells, liquid pyrolysis products - raw materials for gasoline and solvents.

Imports fell by 54 percent. "This is caused by significant reduction in import of engineering products, metals and products from them," customs officials explained.

In relation to the CIS countries, the volume of exports increased by 7.4 percent, import – by 5.4 times. This analysis is conducted on goods declared at customs points of the republic, while purchases of imports can be made from warehouses that cleared goods at other customs offices, the department specifies.