ㅇKorea-Russia trades have decreased this year
due to the Covid-19 shock.
ㅇBetween January and April this year, trade
between Korea and Russia was $6.66 billion (approximately 8 trillion KRW),
down by 11% compared to the same period last year.
ㅇIn April, when paid holidays were in full
swing in Russia, the volume of trade decreased by 32.6% compared to April last
year, recording the lowest level of $1.17 billion (approximately 1.4 trillion
ㅇ The Korean Ambassador to Russia Seok-Bae Lee
explained that “the overall trade decreased because the major trade items of
the two countries, such as automotive and crude oil, were greatly affected by
the economy and the international market”.