Russia’s Central Bank reported exports for April 2016 that were down 28.8% vs. a year earlier, the 21st straight fall. This came partly as the consequence of falling commodity prices vs. the year before, as well as sanctions on exports outside the CIS. Yet, exports to China increased by 3.3% (after a 12.5% increase in … Continue reading “Russian Exports Fall for 21st Month, China Rises on Nickel, Wood”