Imports in Russia
Russia - Imports
Export growth moderates in June
Merchandise exports totaled USD 36.6 billion in June, which represented a solid 23.8% expansion from the USD 29.5 billion sum recorded in the same month last year. Higher commodity prices and a solid global economy are helping support buoyant export growth. That said, growth in June was still below May’s robust 29.2%.
Meanwhile, imports grew 1.1% in annual terms in June, well below May’s 8.8% and marking the slowest expansion since July 2016. The trade surplus came in at USD 15.6 billion, which was significantly above the USD 8.8 billion surplus recorded in June 2017.
The ongoing recovery of Russia’s external sector is more clearly seen when examining the trailing 12-month sum of the trade balance: In June, the trailing 12-month sum of the trade balance hit an over two-year high, rising to USD 146 billion from May’s USD 111 billion.
Russia Exports Forecast
The analysts Met the why particular surveyed this month project Russia’s exports will reach USD 115 billion in 2018. Panelists expect exports to reach USD 420 billion in 2019.
Russia - Imports Data
|Imports (USD billion)||341||308||193||192||238|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||7.88||0.13 %||Aug 07|
|Exchange Rate||63.50||-0.12 %||Aug 07|
|Stock Market||2,312||-1.03 %||Aug 07|
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August 13, 2018
Merchandise exports totaled USD 36.6 billion in June, which represented a solid 23.8% expansion from the USD 29.5 billion sum recorded in the same month last year.
July 27, 2018
At its 27 July meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) decided to hold the key interest rate unchanged at 7.25% for the third consecutive meeting.
July 23, 2018
Merchandise exports totaled USD 36.5 billion in May, which represented a solid 29.2% expansion from the USD 28.3 billion sum recorded in the same month last year.
July 16, 2018
Industrial output growth eased in June, according to the Federal State Statistics Service (Rosstat).
July 11, 2018
In June, consumer prices rose 0.5% from the previous month, slightly above May’s 0.4% increase and market expectations of a 0.4% rise.