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The Foreign Trade Turnover of Services in 2018: Growth in Exports

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 8, pp. 14-18

5 Pages Posted: 21 Jun 2019

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: June 17, 2019

Abstract

In 2018, Russian exports of services increased by 12.4%. This dynamic growth is of a recovery nature. However, it may slow down after it has attained the pre-crisis volumes seen in 2013. In 2018, imports of services rose by 6.6%, having stopped growing in Q4 because of the dynamics of the rouble’s exchange rate.

Keywords: Russian economy, foreign trade export and import of services

JEL Classification: F13, F19

Suggested Citation

Knobel, Alexander and Firanchuk, Alexander, The Foreign Trade Turnover of Services in 2018: Growth in Exports (June 17, 2019). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2019. No. 8, pp. 14-18, Available at SSRN: https://ssrn.com/abstract=3405539 or http://dx.doi.org/10.2139/ssrn.3405539

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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