Foreign Trade in 2016: Stabilization of Exports and Imports

Knobel, Alexander; Firanchuk, Alexander

doi:10.2139/ssrn.2944595

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Foreign Trade in 2016: Stabilization of Exports and Imports

Monitoring of Russia's Economic Outlook. Moscow, pp. 11-18, 2017

8 Pages Posted: 3 Apr 2017

See all articles by Alexander Knobel

Alexander Knobel

Gaidar Institute for Economic Policy; Russian Presidential Academy and Public Administration (RANEPA) - Institute of Applied Economic Studies

Alexander Firanchuk

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - International Laboratory of International Economics Studies

Date Written: March 25, 2017

Abstract

Generally, according to the 2016 results fuel exports dramatically fell, non-fuel exports decreased somewhat, while imports stopped falling. However, H2 2016 (as compared to the similar period of 2015) showed slightly different results. Exports virtually stopped falling, while imports even began to grow. In 2016, in the geographic pattern of trade turnover the dynamics of the previous years prevailed: the share of the EU countries and Ukraine was diminishing, while that of the Eurasian Economic Union, China and the US was growing.

Keywords: Russian Economy, Foreign Trade

JEL Classification: F10, F13, F19

Suggested Citation: Suggested Citation

Knobel, Alexander and Firanchuk, Alexander, Foreign Trade in 2016: Stabilization of Exports and Imports (March 25, 2017). Monitoring of Russia's Economic Outlook. Moscow, pp. 11-18, 2017, Available at SSRN: https://ssrn.com/abstract=2944595 or http://dx.doi.org/10.2139/ssrn.2944595