Russia Trade November 2017

Russia: Exports growth wanes in November

Merchandise exports totaled USD 32.2 billion in November, which represents a 25.2% increase compared with the USD 26.6 billion observed in the same month of 2016. The expansion was below October’s 27.1% increase. Supportive global conditions and higher commodity prices have led to Russian exports surging in recent months.

Imports increased 23.5% annually in November, above October’s 18.8% increase and came in at USD 21.7 billion. The trade surplus came in at USD 11.5 billion, which was larger than the USD 9.0 billion surplus seen in November 2016.

The recovery of the external sector is seen more clearly when examining trailing 12-month data. The trailing 12-month sum of the trade surplus rose from USD 110.8 billion in October to USD 113.4 billion in November, the best result since April 2016.

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