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 DECEMBER 2015 Abstract: In December 2015, Russian foreign trade outlook was determined by a reduction of the world prices on commodities, mainly on oil, and correlated with it ruble’s depreciation. Import volume was shrinking by higher rates compared to export decline rates due to slowdown of economic growth and ruble’s devaluation as well as amid imposed international trade sanctions. As a result, in 2015 trade balance remained positive. Classification-JEL: F10, F14, F15, F40 Keywords: Foreign trade, Russian Economy Journal: Russian Economic Developments Year: 2016 Issue: 3 Month: March Pages: 77-80 File-URL: http://www.iep.ru/files/RePEc/gai/recdev/698Volovik.pdf File-Format: Application/pdf Handle: RePEc:gai:recdev:698