Russia Trade September 2019

Russia: Trade surplus continues narrowing as exports contract again in September

Merchandise exports totaled USD 35.0 billion in September, representing a 9.3% contraction from the USD 38.6 billion sum recorded in the same month of 2018. The contraction in September was only slightly softer than August’s 9.7% year-on-year drop.

Meanwhile, imports totaled USD 20.9 billion in September, jumping 5.6% year-on-year from September 2018’s USD 19.8 billion. Notably, September’s represented a considerable acceleration from August’s moderate 0.8% year-on-year uptick and marked the strongest growth since May 2018.

As a result, the trade surplus shrank to USD 14.1 billion in September 2019, from USD 18.8 billion in September 2018. Meanwhile, the trailing 12-month sum of the trade balance came in at USD 181 billion, below August’s USD 185 billion and marking the lowest result since September 2018.

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