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Russia Trade Balance

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Russia Trade Balance

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Latest Release
Oct 14, 2024
Actual
9.33B
Forecast
8.50B
Previous
10.06B
The Trade Balance index measures the difference in worth between exported and imported goods (exports minus imports). This is the largest component of a country's balance of payments.
Export data can give reflection on Russia's growth. Imports provide an indication of domestic demand. Because foreigners must buy the domestic currency to pay for the nation's exports, it may have sizable affect on the RUB.
A higher than expected reading should be taken as positive/bullish for the RUB, while a lower than expected reading should be taken as negative/bearish for the RUB.
Importance:
Country:
Currency: RUB
Source: Russian Federation Federal Sta...
Russia Trade Balance
 
Release Date Time Actual Forecast Previous
Nov 11, 2024 (Sep) 08:00     9.33B
Oct 14, 2024 (Aug) 08:00 9.33B 8.50B 10.06B
Sep 11, 2024 (Jul) 08:00 8.70B 10.00B 11.64B
Aug 12, 2024 (Jun) 08:00 11.48B 10.50B 12.16B
Jul 12, 2024 (May) 08:00 12.61B 12.50B 10.87B
Jun 13, 2024 (Apr) 08:00 10.66B   18.89B

News

Russian trade balance 10.17B vs. 10.50B forecast
Russian trade balance 10.17B vs. 10.50B forecast By Investing.com - Apr 11, 2017

Investing.com - Russia’s trade balance fell more-than-expected last month, official data showed on Tuesday.In a report, Russian Federation State Committee on Statistics said that Russian Trade...

Russian trade balance 11.44B vs. 13.20B forecast
Russian trade balance 11.44B vs. 13.20B forecast By Investing.com - Mar 14, 2017

Investing.com - Russia’s trade balance fell unexpectedly last month, official data showed on Tuesday.In a report, Russian Federation State Committee on Statistics said that Russian Trade Balance...

Russian trade balance 6.60B vs. 8.23B forecast
Russian trade balance 6.60B vs. 8.23B forecast By Investing.com - Dec 12, 2016

Investing.com - Russia’s trade balance fell unexpectedly last month, official data showed on Monday.In a report, Russian Federation State Committee on Statistics said that Russian Trade Balance...

Analysis

Marc Chandler
Emerging Markets: Preview Of The Week Ahead By Marc Chandler - Aug 06, 2018 1

(from my colleague Dr. Win Thin)EM FX has come under pressure again due to ongoing trade tensions and rising US rates but saw some modest relief Friday after the PBOC announcement on FX forwards. This...

Trade Balance Discussion

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