Foreign Trade: Trade Balance Down Due to Decline in Export

Russian Economic Developments. Moscow, 2016, No. 5, pp. 35-37

3 Pages Posted: 19 May 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 Presidential Academy of National Economy and Public Administration (RANEPA) - International Laboratory of International Economics Studies

Date Written: May 19, 2016

Abstract

Russia’s foreign trade turnover continued to fall in Q1 2016. Unlike 2015, exports fell at faster pace than imports. At the same time, the rouble exchange rate moved synchronously with imports for two straight years. The structure of exports saw a few (non-fuel) commodities change in terms of Russia’s share of global markets. For example, the share of Russia’s metals of EU imports shrank as the share of fertilizes hiked.

Keywords: Russian industry, foreign trade

JEL Classification: F22, J11, J61, J62

Suggested Citation

Knobel, Alexander and Firanchuk, Alexander, Foreign Trade: Trade Balance Down Due to Decline in Export (May 19, 2016). Russian Economic Developments. Moscow, 2016, No. 5, pp. 35-37. Available at SSRN: https://ssrn.com/abstract=2781851 or http://dx.doi.org/10.2139/ssrn.2781851

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 Presidential Academy of National Economy and Public Administration (RANEPA) - International Laboratory of International Economics Studies ( email )

Moscow
Russia

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
7
Abstract Views
259
PlumX Metrics