Russia Exports

Exports in Russia decreased to 36534 USD Million in February of 2014 from 39460 USD Million in January of 2014. Exports in Russia is reported by the Central Bank of Russia. Exports in Russia averaged 19873.22 USD Million from 1994 until 2014, reaching an all time high of 50248 USD Million in December of 2011 and a record low of 4100 USD Million in January of 1994. Russia is the fifth largest economy in the world and is a leading exporter of oil and natural gas. Russia main exports are oil and natural gas (58 percent of total exports), nickel, palladium, iron and chemical products. Others include: cars, military equipment and timber. This page provides - Russia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
36534.00 39460.00 50248.00 4100.00 35285.76 | 2014/06 1994 - 2014 USD Million Monthly

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Russia Exports
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2013-03-13 11:00 AM Russia
Exports
Jan 2013 $ 39.04B $ 40.57B
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Trade Last Previous Highest Lowest Forecast Unit
Current Account 27600.00 2014-02-15 8883.00 39494.00 -3637.00 16564.68 2014-06-30 USD Million [+]
Current Account to GDP 4.80 2012-12-31 5.50 18.00 -1.40 3.90 2014-06-30 Percent [+]
Capital Flows -4182.00 2013-11-15 3031.00 3031.00 -34209.00 -4698.02 2014-03-31 USD Million [+]
Crude Oil Production 10050.00 2013-10-15 10082.00 10082.00 5707.00 10059.21 2013-11-30 Thousands Barrels per Day [+]
External Debt 723.90 2014-03-31 732.00 732.00 545.40 801.70 2014-06-30 USD Billion [+]
Balance of Trade 12429.00 2014-02-15 18855.00 20356.00 -185.00 15543.58 2014-06-30 USD Million [+]
Exports 36534.00 2014-02-15 39460.00 50248.00 4100.00 35285.76 2014-06-30 USD Million [+]
Imports 24105.00 2014-02-15 20605.00 33359.00 2691.00 24498.70 2014-06-30 USD Million [+]
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Exports | Notes
Exports measure the amount of goods or services that domestic producers provide to foreign consumers by. It is a good that is sent to another country for sale. In the past, export of commercial quantities of goods normally required involvement of the customs authorities in both the country of export and the country of import. More recently, with the advent of small trades over the internet such as through Amazon and e-Bay, exports have largely bypassed the involvement of Customs in many countries due to the low individual values of these trades. Nonetheless, these small exports are still subject to legal restrictions applied by the country of export.


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In March of 2014, Russian annual inflation rate rose for the second straight month to 6.9 percent, up from 6.2 percent in February, driven by higher cost of milk, fruit, electricity and gas.
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In February of 2014, Russian jobless rate remained steady at 5.6 percent, the same rate recorded in the previous two months.
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In the first month of 2014, Russian trade surplus widened to USD 18.86 billion, up from USD 15.8 billion a month earlier and USD 17.21 billion in the same month last year, as imports dropped to the lowest value in three years.
Russia Leaves Rate on Hold at 7%  
At its March 14th, 2014 meeting, Bank of Russia decided to leave the benchmark interest rate unchanged at 7 percent, as inflation risks that brought about an increase in the key rate on March 3rd still apply. The central bank said it does not intend to lower the key rate in the coming months, as its priority is to contain the effect of exchange rate dynamics on consumer prices.
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Russian annual inflation rate rose slightly to 6.2 percent in February of 2014, from 6.1 percent in the previous month, boosted by higher food and electricity cost.
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