Russia eyes increased chemical imports, exports

01 February 2013 14:52  [Source: ICIS news]

MOSCOW (ICIS)--The Russian government on Friday released a long-term economic development forecast that envisages significant increases in the country's chemical imports and exports.

The Russian Economic Development Ministry released its forecast of the country's economic and social development up to 2030.

According the forecast, Russia's chemical imports are expected to reach $65bn (€48m) in 2020 and $75bn in 2030, up from $46.4bn in 2011.

Meanwhile, the country's chemical exports are estimated to amount to $52.1bn in 2020 and $62.5bn in 2030, up from $32.4bn in 2011.

($1 = €0.74)

By: Sergei Blagov
+44 20 8652 3214

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