Merchandise exports shot up 11.4% on an annual basis in August, on the heels of July’s 13.9% upturn and marginally...
Merchandise Trade Balance in Russia
The merchandise trade balance in Russia averaged USD 168.3 billion in the decade to 2022. The 2022 reading was USD 315.6 billion. For more trade information, visit our dedicated page.
Russia Trade Chart
Note: This chart displays Trade Balance (USD billion) for Russia from 2015 to 2024.
Source: Macrobond.
Russia Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | 93.4 | 193.1 | 315.6 | 121.7 | 133.0 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Russian trade projections for the next ten years from a panel of 12 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Russian trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Russian trade projections.
Want to get access to the full dataset of Russian trade forecasts? Send an email to info@focus-economics.com.
Latest Global Trade News
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