May 28 – The commercial exchange between Lombardy and Russia will be the main topic of discussion at the “Moscow – Milan 2014. Challenges and Prospects” business forum, scheduled for Thursday, May 29 at the Chamber of Commerce of Milan. An analysis by the Chamber of Commerce on Istat data shows that Lombard exports to Russia grew 12.4% in 2013, amounting to over € 3.1 billion, and representing 29.3% of the Italian total. Russia ranks second for destination country for Lombardy exports, after Bulgaria (17.1%) and before the Netherlands (+9.1%) and the UK (+7,7%). Milan exports more than €1.2 billion euro (40% of the regional total, up by 12.4% in one year). Varese follows with €392 million (12.4% of the regional total, for a 54.7 % increase between 2012 and 2013) and Brescia (11%, +4.3%). Lombardy’s exports are mainly machinery and textiles; while the region’s imports from Russia exceed €3 billion in extraction products. And, in this case, Pavia imports €2.3 billion, accounting for 76.3% of total imports and for +6.4% increase in a year.
