Exports Growth in January-May 2018: Not by Fuel Alone
Monitoring of Russia's Economic Outlook. Moscow. IEP. 2018. No. 13, pp. 8-13
6 Pages Posted: 15 Aug 2018
Date Written: July 31, 2018
During the first five months of 2018 Russian fuel exports grew by 28%. Exports of other goods moved up by 26%, surpassing the pre-crisis level of 2013. Imports went up by 16%, for the first time in five years its dynamics did not correspond to the dynamics of the exchange rate: imported goods have significantly increased in value terms while the real effective ruble-dollar exchange rate has barely gained any new positions.
Keywords: Russian Economy, Exports, Oil & Gas Exports
JEL Classification: F10, F13, F19
Suggested Citation: Suggested Citation