Template-Type: ReDIF-Article 1.0
Author-Name:Nadezhda Volovik
Author-Name-First:Nadezhda                                
Author-Name-Last: Volovik 
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: RUSSIA’S FOREIGN TRADE IN NOVEMBER 2014
Abstract:   In September 2014, the Russian foreign trade volume calculated on the basis of the methods of the balance of payments amounted to $64.6bn which is 12.4% lower than that in the same period of the previous year; it is to be noted that the export of goods from Russia fell by 13.4% to $38.8bn, while the import to Russia, by 10% to $25.8bn. As compared to September 2013, in September 2014, the surplus of the trade balance decreased by 18.6% to $13bn. According to the data of the Central Bank of Russia, in January–September 2014, Russia’s foreign trade volume amounted to $614bn which is 3.1% lower than in January–September 2013. It is to be noted that the export fell by 0.7% as compared to the same period of 2013. Within nine months of 2014, as compared to the same period of 2013 the share of far abroad countries increased from 85.4% to 86.2%, while the share of CIS countries fell from 14.6% to 13.8%.
Classification-JEL: F10, F14, F15, F40
Keywords: Foreign trade
Journal: Russian Economic Developments
Year: 2015
Issue: 1
Month: January
Pages: 26-28
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/438Volovik.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:438