MOSCOW, 12 Mar RIA Novosti/Prime. Ukraine last year reduced its exports to the Russian Federation not less than thirty percent, But Russia continues to play an important role in the economy of Ukraine, being one of its key trading partners, says the international monetary Fund (IMF).

according to him, Ukrainian exports in 2014 in General fell by 14, 5%, and in the Russian Federation by 34%. Anyway, the Russian Federation continues to represent a significant share of export of Ukraine - 18%.

"The Russian market continues to play a crucial role in the Ukrainian economy. This is 18% of exports, according to the IMF report, dedicated to providing Ukraine financial assistance extended to 40 billion dollars.

The Ministry of economic development before also reported a significant drop in trade turnover of Russia and Ukraine in 2014 - almost thirty percent, to 28, 2 billion dollars. According to the Mayor, the export of the Russian Federation to Ukraine decreased by 26, 4% to 17, $ 5 billion, while imports from Ukraine - 32, 5%, to 10, 7 billion.

feedback from analysts IMF, the way out for Ukraine, which carries significant losses due to the deterioration of relations with Russia, may become less active on the world Market and integration into the international community. But this country needs a number of structural, binding, and budget reforms.

sections: Politics