Exports from Russia surged 72 percent from a year earlier to USD 45.93 billion in January of 2022, before the invasion of its neighbor Ukraine and West sanctions. Sales advanced to both non-CIS (76.9 percent) and CIS countries (41.3 percent). In March, Russia imposed an export ban on more than 200 products including telecoms, medical, vehicle, agricultural, and electrical equipment, until the end of 2022 in response to western sanctions for invading Ukraine. source: Central Bank of Russia
Exports in Russia averaged 23408.48 USD Million from 1994 until 2022, reaching an all time high of 57396 USD Million in December of 2021 and a record low of 4100 USD Million in January of 1994. This page provides - Russia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. Russia Exports - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Exports in Russia is expected to be 46000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Exports is projected to trend around 30000.00 USD Million in 2023 and 25000.00 USD Million in 2024, according to our econometric models.