Template-Type: ReDIF-Paper 1.0 Author-Name: Volovik Nadezhda Author-Name-First: Nadezhda Author-Name-Last: Volovik Author-Workplace-Name: Gaidar Institute for Economic Policy Author-Name: Knobel Alexander Author-Name-First: Alexander Author-Name-Last: Knobel Author-Workplace-Name: Gaidar Institute for Economic Policy Title: Russia’s foreign trade in 2019 Abstract: Amid prolonged trade tensions, high political uncertainties and the COVID-19 pandemic, the global growth outlook has become much worse. In the past year, in global economic growth rates there was a dramatic slowdown both of international trade flows and global production activities. The growing tariffs and rapid changes in the trade policy led to the decline of business confidence and, consequently, restrained investment growth in most regions. Sluggish demand affected global prices of primary products, particularly, crude oil and commercial metals Classification-JEL: F10, F13, F19 Keywords: Russian economy, foreign trade, terms of trade, regional pattern Creation-Date: 2020 Revision-Date: 2020 Length: 19 pages File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2020-1045.pdf File-Format: application/pdf File-Function: Revised Version, 2020 Handle: RePEc:gai:ppaper:ppaper-2020-1045