Russia in Global Exports: 2015–2016
Russian Economic Developments. Moscow, 2016, No. 9, pp. 28-31
4 Pages Posted: 23 Sep 2016
Date Written: September 22, 2016
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: Suggested Citation