Trade Balance in Russia

Russia Trade Balance | Economic News & Forecasts

Russia - Trade Balance

Export growth gains steam in April

Merchandise exports totaled USD 36.2 billion in April, which represented a robust 38.9% expansion from the USD 26.1 billion sum recorded in the same month of the previous year. April’s growth was a sharp acceleration from March’s 17.8% increase. Export growth was the fastest in over a year and was supported by higher commodity prices and a solid global economy.

Meanwhile, imports grew 14.6% in annual terms in April and came in at USD 20.9 billion (April 2017: USD 18.3 billion), moderating from March’s 15.2% expansion. The trade surplus hit USD 15.3 billion, which was well above the USD 7.8 billion surplus recorded in April 2017.

April’s strong performance led to the highest trailing 12-month sum of the trade balance in over two years; it rose to USD 132 billion from March’s USD 125 billion.

The analysts Met the why particular surveyed this month project Russia’s exports will reach USD 392 billion in 2018. Panelists expect exports to reach USD 411 billion in 2019.

Russia - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)181  189  148  90.3  115  

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Russia Trade Balance Chart

Russia Trade
Note: Trade balance in USD billion.
Source: Central Bank of the Russian Federation (CBR).

Russia Facts

Bond Yield7.860.13 %Jun 19
Bond Yield7.860.13 %Jun 19
Exchange Rate63.48-0.12 %Jun 19
Exchange Rate63.48-0.12 %Jun 19
Stock Market2,221-1.03 %Jun 19
Stock Market2,221-1.03 %Jun 19

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