KIEV, June 10 – The introduction of new trade restrictions by Russia would result in the decline of Ukrainian exports to this country by 31% or $1.3 billion in 2016, director of the financial stability department at the NBU Vitaliy Vavryschuk said, presenting a first financial stability report of the central bank.

"Russia's share of commodity exports from Ukraine decreased to 12.1% in 2015 to 7.5% in Q1 2016 (compared to 17.6% in 2016)," the NBU said.

The central banker said in early 2016 Russia suspended the agreement on a free trade zone with Ukraine and imposed embargo on imports of food from Ukraine. Russia is creating obstacles for transiting Ukrainian goods to Central and Eastern Asia.