Russia in Global Exports: 2015–2016

Russian Economic Developments. Moscow, 2016, No. 9, pp. 28-31

4 Pages Posted: 23 Sep 2016

See all articles by Alexander Knobel

Alexander Knobel

Gaidar Institute for Economic Policy; Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies

Alexander Firanchuk

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - International Laboratory of International Economics Studies

Date Written: September 22, 2016

Abstract

Exports in Russia dropped to $129.7bn in H1 2016, representing 71.3% and 50.8% of what they were in H1 2015 and H1 2014, respectively. Russia’s share of global exports of all goods stood at 2.1% at 2015 year end, down 6 p.p. from 2.7% in 2014. The share of Russia exports in global markets of cereal grains, inorganic chemicals, fertilizers, resins, rubber, wood, ferrous metals, nickel dropped, too, while it increased slightly in global markets of mineral fuels and of some non-ferrous metals (copper, aluminium, lead). Russia exports fell almost in all major commodity markets (EU, China, EFTA), except the Eurasian Economic Union (EAEU).

Keywords: Russian economy, exports, imports

JEL Classification: F22, J11, J61, J62

Suggested Citation

Knobel, Alexander and Firanchuk, Alexander, Russia in Global Exports: 2015–2016 (September 22, 2016). Russian Economic Developments. Moscow, 2016, No. 9, pp. 28-31, Available at SSRN: https://ssrn.com/abstract=2842143 or http://dx.doi.org/10.2139/ssrn.2842143

Alexander Knobel (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies ( email )

Vernadsky Ave. 82
Moscow, 119571
Russia

Alexander Firanchuk

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - International Laboratory of International Economics Studies ( email )

Moscow
Russia

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