Fédération de Russie Balance Commerciale

Russia’s trade surplus narrowed to $12.6 billion in September of 2024 from $15.5 billion in the corresponding period of the previous year. Exports sank by 2.9% annually to $39.1 billion, aligned with the sharp decline in foreign demand for key energy commodities that make up a large portion of Russian exports as Western countries consolidate sanctions and a slowing Chinese economy purchases less energy and metals. In turn, imports rose by 6.7% to $26.5 billion, as the capacity crisis that Russia faces drives consumers to rely on foreign goods.