05:04 GMT26 February 2021
Listen Live
    Get short URL

    "Made in Italy" enterprise's export level to Russia hit a 10-year low last month, Italy’s Coldiretti federation of farmers said Sunday.

    ROME (Sputnik) – Export levels of "Made in Italy" products to Russia reached 10-year lows last month, Italy’s Coldiretti federation of farmers said Sunday.

    "Made in Italy" exports to Russia were down 24 percent year-on-year in January 2016, Coldiretti said in a tweet.

    In an analysis provided by the Italian AGI news service, Coldiretti attributed the drop to a Russian food and agricultural embargo on products from the United States, Canada, Australia, Norway and the European Union.

    The federation assessed losses in the agricultural sector alone at $262 million in 2015.

    In total, Italian exports to Russia contracted by $4 million to reach $7.7 million last year.


    Ukraine's Export to Russia to Fall by 30% in 2016, Losses to Be $1.3Bln
    Russia Ready to Supply Serbia With Export-Allowed Weapons
    Italy to Lose $3Bln Due to Anti-Russia Sanctions - Industry Confederation
    Dutch Ahead of the Curve on Saudi Arms Exports After EU Votes for Ban
    level, Food embargo, down, export, Italy, Russia
    Community standardsDiscussion