US, EU, Canada, Norway and Australia lost about $8.6 bln from food embargo

US, EU, Canada, Norway and Australia lost about $8.6 bln from food embargo

The United States, the European Union, Canada, Norway and Australia lowered goods export to Russia because of the food embargo to the amount about $8.6 bln in 2015, press service of the Russian Ministry of Economic Development said on Tuesday.

"Analysis of import of goods banned for import to Russia in 2015 showed the decline of supplies from the US, EU, Canada, Norway and Australia relatively to 2013 by 96.5% or $8.6 bln in value terms and by 98.9% or 4.3 mln tonnes," the ministry said, TASS reports.

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