Russian Foreign Trade in 2018: Growth in Non-Oil and Gas Exports

Alexander Yu. Knobel – Head of Foreign Trade Department of the Gaidar Institute; Director of Center for Foreign Trade Department of the Russian Presidential Academy of National Economy and Public Administration; Director of the Institute of International Economics and Finance, Russian Foreign Trade Academy of the Ministry for the Economic Development of the Russian Federation, Candidate of Economic Sciences (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Alexander S. Firanchuk – Senior Researcher of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Anastasia A. Lavrishcheva – Doktorand of the Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

In 2018, the exports of fuel and energy commodities increased by nearly 36%t as compared to the previous year, while growth in non-oil and gas exports amounted to over 11%. However, it was mainly facilitated by improvement of the pricing situation on the market. Within a year, imports rose by 5% primarily owing to considerable growth in H1 2018. The depreciation of the real exchange rate of the rouble in H2 2018 had a negative effect on the volume of imports.

Key words: foreign trade, export, import, exchange rate, regional pattern of goods turnover.