The level of industrial production in Russia went down by 10.8 percent, according to the State Statistics Service. For the last month of the year, output increased by 2.7 percent on year-on-year basis. Compared to figures for November 2009, production in December grew by 5 percent.

The U.S. goods trade deficit with Russia was USD 12.0 billion in 2007, a decrease of USD 3.1 billion from USD 15.1 billion in 2006. U.S. goods exports in 2007 were USD 7.4 billion, up 56.7 percent from the previous year. Corresponding U.S. imports from Russia were USD 19.4 billion, down 2.4 percent.