Exports of Russian vodka slumped more than 40% last year, according to a report in Russian business newspaper Kommersant.
It was the lowest level in a decade, the paper said, the result of Western sanctions imposed because of the conflict in Ukraine.
Revenues from the exports of vodka and other spirits slumped 40% to $111.9 million, Kommersant said, citing official customs data.
Shipments to the U.K., the biggest export market for Russia’s vodka, were down 35% in 2015. Sales to the U.S. dropped 22%.
The newspaper said exports of Russian vodka were down in every market, but shipments to Ukraine dropped the most — by 70%. The relationships between Moscow and Kiev remain strained after Russia annexed Crimea in 2014.
via CNN
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