Russian Exports to the EU: A General Decline with Mixed Trends

Russian Economic Developments. Moscow. 2016, No 7, pp. 33-35

3 Pages Posted: 28 Jul 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: July 28, 2016

Abstract

Due to a drop in prices on energy commodities, the share of Russian goods in the EU’s total imports in the 2013–2015 period fell 1.5 times over, that is, a decrease from 12.3% to 7.9%. The share of Russia in the EU’s imports and the share of the EU market in the Russian exports rose in such commodity groups as fertilizers, paper and aluminum, while a decrease was observed in supplies of mineral fuel, natural rubber, inorganic chemical products, nickel and ferrous metals. Russia’ share in the global exports of cereals and copper increased.

Keywords: Russian economy, export, foreign trade

JEL Classification: F22, J11, J61, J62

Suggested Citation

Knobel, Alexander and Firanchuk, Alexander, Russian Exports to the EU: A General Decline with Mixed Trends (July 28, 2016). Russian Economic Developments. Moscow. 2016, No 7, pp. 33-35. Available at SSRN: https://ssrn.com/abstract=2815447 or http://dx.doi.org/10.2139/ssrn.2815447

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

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