Exports in Russia
Russia - Exports (percent change)
Trade surplus shrinks on plummeting exports in February
Merchandise exports dived 19.1% year-on-year and totaled USD 28.1 in February (January: -2.6% year-on-year). February’s result marked the sharpest contraction in exports since June 2016.
Meanwhile, merchandise imports edged up 1.1% annually in February to USD 18.5 billion. February’s print represented a slowdown from the previous month’s 3.2% year-on-year increase.
As a result, the trade surplus shrank to USD 9.7 billion in February 2020, from USD 16.5 billion in February 2019. Meanwhile, the trailing 12-month sum of the trade balance fell to a 19-month low of USD 156 billion in February, from the previous month’s USD 163 billion.
FocusEconomics panelists forecast that exports will plunge 30.7% in 2020 and imports will dive 22.2%, bringing the trade surplus to USD 92.0 billion. In 2021, FocusEconomics panelists project exports will expand 17.0%, while imports will rise 11.4%, leaving the trade surplus at USD 118.0 billion.
Russia - Exports (%) Data
|Exports (annual variation in %)||-31.3||-17.5||25.3||25.5||-5.7|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.23||0.13 %||Dec 30|
|Exchange Rate||62.03||-0.12 %||Dec 30|
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January 17, 2022
Merchandise exports soared 62.4% annually in November, marking yet another month of marked growth (October: +62.8% year-on-year).
January 3, 2022
The IHS Markit Services Purchasing Managers’ Index (PMI) rose to 49.5 in December from November's 47.1.
December 29, 2021
Consumer prices rose 0.82% over the previous month in December, which was below the 0.96% rise logged in November.
December 29, 2021
The IHS Markit Manufacturing Purchasing Managers' Index (PMI) fell to 51.6 in December from November's 51.7.
December 22, 2021
Industrial output grew 7.0% compared to the same month of the previous year in November, which followed October's 7.4% increase.