Exports in Russia
Russia - Exports
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
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Exports (USD billion) | 341 | 282 | 353 | 443 | 418 |
Russia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 6.23 | 0.13 % | Dec 30 |
| Exchange Rate | 62.03 | -0.12 % | Dec 30 |
Sample Report
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
Economic News
-
Russia: Services PMI improves but remains entrenched in negative territory in April
May 6, 2022
The IHS Markit Services Purchasing Managers’ Index (PMI) rose to 44.5 in April from March's 38.1.
-
Russia: Manufacturing PMI rises but remains in negative territory in April
May 4, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 48.2 in April, up from March's 44.1.
-
Russia: Central Bank cuts rate by further 300 basis points to 14.00% at the end of April
April 29, 2022
At its monetary policy meeting on 29 April, the Central Bank of the Russian Federation (CBR) slashed its key interest rate by 300 basis points to 14.00%.
-
Russia: Industrial output records lowest growth in a year in March
April 28, 2022
Industrial output rose 3.0% compared to the same month of the previous year in March, as growth more than halved from February's 6.3% increase.
-
Russia: Inflation comes in at highest level since January 2002 in April
April 8, 2022
Consumer prices increased 1.56% over the previous month in April, below March's 7.61% increase.
© Copyright: 2022. | Russia Exports | Privacy Policy | Cookies Policy | Terms & Conditions | Sitemap | RSS feed
