The Russian Exports in the First Four Months of 2017

Monitoring of Russia's Economic Outlook. Moscow. IEP. 2017, No. 12, pp. 8-14

7 Pages Posted: 18 Jul 2017

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 13, 2017

Abstract

In the first four months of 2017, Russian fuel and non-fuel exports increased. Dynamics of exports of minerals and low-processed goods were driven by changing export prices. Imports grew significantly, too. The data of the past few years do not show any correlation between volumes of exports of highly processed products and the rouble nominal exchange rate: the effect of price modification caused by exchange rate fluctuations is largely compensated by changes in volumes.

Keywords: Russian Economy, Export, Import

JEL Classification: F10, F13, F19

Suggested Citation

Knobel, Alexander and Firanchuk, Alexander, The Russian Exports in the First Four Months of 2017 (July 13, 2017). Monitoring of Russia's Economic Outlook. Moscow. IEP. 2017, No. 12, pp. 8-14. Available at SSRN: https://ssrn.com/abstract=3001769

Alexander Knobel

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 (Contact Author)

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

Moscow
Russia

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