IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/424.html
   My bibliography  Save this article

Russia’S Foreign Trade In October 2014

Author

Listed:
  • Nadezhda Volovik

    (Gaidar Institute for Economic Policy)

  • Karina Kharina

    (Gaidar Institute for Economic Policy)

Abstract

In September 2014, the Russian foreign trade turnover calculated on the basis of the methods of the balance of payments amounted to $64.6bn which is 12.4% lower than the respective index of the previous year. It is to be noted that the export of goods from Russia decreased by 13.4% to $38.8bn, while the import of goods to Russia, by 10% to $25.8bn. In September 2014, as compared to September 2013 the trade balance surplus fell by 18.6% to $13bn. According to the data of the Central Bank of Russia, in January–September 2014 the Russian foreign trade turnover amounted to $614bn which is 3.1% lower than the level of January–September 2013. It is to be noted that the export fell by 0.7% as compared to the respective index of 2013. Within 9 months of 2014, in the total volume of the export the share of far abroad countries increased from 85.4% to 86.2%, while that of CIS countries fell from 14.6% to 13.8% as compared to the respective period of 2013.

Suggested Citation

  • Nadezhda Volovik & Karina Kharina, 2014. "Russia’S Foreign Trade In October 2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 30-32, December.
    • Handle: RePEc:gai:recdev:424
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/424Volovik.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Foreign trade;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:424. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.