Russia Trade February 2018

Russia: Exports rebound in February

Merchandise exports totaled USD 34.0 billion in February, which represented a 8.6% expansion from the USD 21.4 billion sum recorded in the same month of 2018. The result contrasted January’s 10.4% contraction, which had marked the first fall since October 2016, and likely partly reflected solid oil exports.

Meanwhile, imports contracted 3.9% year-on-year in February, a larger drop then January’s 1.1% decrease. A weak domestic economy has caused import demand to shrivel in recent months. Accordingly, the trade surplus came in at USD 15.7 billion in February, which was above the USD 12.2 billion surplus recorded in February 2018.

The trailing 12-month sum of the trade balance came in at USD 195 billion, above January’s USD 191 billion result.

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