Merchandise exports shot up 11.4% on an annual basis in August, on the heels of July’s 13.9% upturn and marginally...
Merchandise Exports in Russia
Merchandise exports in Russia were worth USD 592 billion in 2022, compared to USD 522 billion ten years earlier, and averaged USD 428 billion over the last decade. For more exports information, visit our dedicated page.
Russia Merchandise Exports Chart
Note: This chart displays Exports (USD billion) for Russia from 2014 to 2023.
Source: Macrobond.
Russia Merchandise Exports Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Exports (USD bn) | 420 | 334 | 494 | 592 | 424 |
| Merchandise Exports (ann. var. %) | -5.4 | -20.5 | 48.2 | 19.8 | -28.3 |
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Russian merchandise exports projections for the next ten years from a panel of 11 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable merchandise exports forecast available for Russian merchandise exports.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Russian merchandise exports projections.
Want to get access to the full dataset of Russian merchandise exports forecasts? Send an email to info@focus-economics.com.
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