Trade Balance in Russia
Russia - Trade Balance
Exports contract in April
Merchandise exports totaled USD 35.7 billion in April, which represented a 0.9% contraction from the USD 36.0 billion sum recorded in the same month of 2018. The result represented a slightly sharper fall than March’s 0.5% decrease.
Meanwhile, imports rose 4.7% year-on-year in April, contrasting March’s 3.2% decrease. Imports totaled USD 22.0 billion, slightly above April 2018’s USD 21.0 billion. Accordingly, the trade surplus came in at USD 13.7 billion in April, which was above the USD 15.0 billion surplus recorded in April 2018.
The trailing 12-month sum of the trade balance came in at USD 195 billion, below March’s USD 196 billion result.
The analysts FocusEconomics surveyed this month project Russia’s exports will reach USD 430 billion in 2019. Panelists expect exports to reach USD 449 billion in 2020.
Russia - Trade Balance Data
|Trade Balance (USD billion)||181||189||148||90.3||115|
5 years of economic forecasts for more than 30 economic indicators.
Russia Trade Balance Chart
Source: Central Bank of the Russian Federation (CBR).
|Bond Yield||7.70||0.13 %||Jun 13|
|Exchange Rate||64.52||-0.12 %||Jun 13|
|Stock Market||2,758||-1.03 %||Jun 13|
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June 11, 2019
Merchandise exports totaled USD 35.7 billion in April, which represented a 0.9% contraction from the USD 36.0 billion sum recorded in the same month of 2018.
May 27, 2019
Merchandise exports totaled USD 37.0 billion in March, which represented a 0.9% expansion from the USD 36.7 billion sum recorded in the same month of 2018.
May 17, 2019
GDP growth plunged to 0.5% year-on-year in the first quarter of 2019, according to a preliminary estimate.
April 30, 2019
The manufacturing Purchasing Managers’ Index (PMI) produced by IHS Markit eased from 52.8 in March, the best reading since January 2017, to 51.8 in April.
April 26, 2019
At its 26 April meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) held the key interest rate at 7.75%, as was expected by market analysts.