Russia Trade Balance September 2020

Russia: Merchandise exports fall at a milder rate in September

Merchandise exports fell 14.1% year-on-year in September (August: -32.5% year-on-year). September’s result marked the softest fall since January 2020. Meanwhile, merchandise imports declined 2.7% over the same month last year in September (August: -9.3% yoy), marking the best result since March 2020. The improvement reflected gradually recovering foreign demand amid the easing of lockdown restrictions globally.

As a result, the merchandise trade balance deteriorated, recording a USD 10.1 billion surplus in September (September 2019: USD 14.5 surplus; August 2020: USD 3.2 billion surplus). Lastly, the trend deteriorated, with the 12-month trailing merchandise trade balance recording a USD 108.5 billion surplus in September, compared to the USD 112.9 billion surplus in August.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest