Trade Balance in Russia

Russia Trade Balance | Economic News & Forecasts

Russia - Trade Balance

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 11.2% 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 Met the why particular 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 - 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 Yield8.280.13 %Mar 20
Exchange Rate64.32-0.12 %Mar 20
Stock Market2,504-1.03 %Mar 20

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