Imports in Russia

Russia Imports (%) | Economic News & Forecasts

Russia - Imports (percent change)

Exports drop in January

Merchandise exports totaled USD 29.8 billion in January, which represented a 11.2% contraction from the USD 33.6 billion sum recorded in the same month of 2018. Export growth also contrasted December’s healthy 10.2% increase and marked the first contraction since October 2016.

Meanwhile, imports contracted 1.3% year-on-year in January, a softer fall then December’s 6.8% decrease. Accordingly, the trade surplus came in at USD 13.4 billion in January, which was below the USD 16.9 billion surplus recorded in January 2018.

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

The analysts FocusEconomics surveyed this month project Russia’s exports will reach USD 422 billion in 2019. Panelists expect exports to reach USD 430 billion in 2020.

Russia - Imports (%) Data

2013  2014  2015  2016  2017  
Imports (annual variation in %)1.6  -9.8  -37.3  -0.7  24.2  

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Bond Yield8.280.13 %Mar 20
Exchange Rate64.32-0.12 %Mar 20
Stock Market2,504-1.03 %Mar 20

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