Search results
Results from the WOW.Com Content Network
In 1985, trade with the Soviet Union accounted for 1.6 percent of Japanese exports and 1 percent of Japanese imports; Japan was the Soviet Union's fourth most important Western trading partner. Japan's principal exports to the Soviet Union included steel (approximately 40 percent of Japan's exports to the Soviet Union), chemicals, and textiles.
Three quarters of Soviet oil and grain exports, two thirds of Soviet cotton exports and over 90% of Soviet wood exports were to the Reich alone. [142] Germany supplied the Soviet Union with 31% of its imports, which was on par with United States imports into the Soviet Union. [142]
A major strength of the Soviet economy was its enormous supply of oil and gas, which became much more valuable as exports after the world price of oil skyrocketed in the 1970s. As Daniel Yergin notes, the Soviet economy in its final decades was "heavily dependent on vast natural resources–oil and gas in particular".
The German–Soviet Economic Agreement of 12 October 1925 formed the contractual basis for trade relations with the Soviet Union. In addition to the normal exchange of goods, German exports to the Soviet Union from the very beginning utilized a system negotiated by the Soviet Trade Mission in Berlin by which the Soviet Union was granted credits for the financing of additional orders in Germany ...
In July 1973, the Soviet Union purchased 10 million short tons (9.1 × 10 ^ 6 t) of grain (mainly wheat and corn) from the United States at subsidized prices, which caused global grain prices to soar. Crop shortfalls in 1971 and 1972 forced the Soviet Union to look abroad for grain.
The State Committee for Foreign Economic Relations (Russian: Gosudarstvennyi komitet po vneshnim ekonomicheskim sviaziam — GKES), created in 1955, managed all foreign aid programs and the export of complete factories through the FTOs subordinate to it. Certain ministries, however, had the right to deal directly with foreign partners through ...
Struyven estimates that the vessels affected by the sanctions accounted for 1.7 mb/d of Russian crude and product exports in 2024, or 25% of the country's total export volumes.
The Soviet supplied products were from the William J. Casey, who, from 1974 to 1976, was chairman at the Export-Import Bank of the United States (Eximbank) and provided Eximbank loans to the Soviet Union, and Armand Hammer supported fertilizer détente that began while Richard Nixon was president of the United States. [8]