Export value in Russia 2018-2024, by forecast scenario

According to the basic scenario, Russian exports would increase by more than 150 billion U.S. dollars from 2017 to 2024, reaching 505.5 billion U.S. dollars at the end of the observed period. Following the conservative scenario, the exports would decrease in 2020 and increase to 451 billion U.S. dollars by 2024.

Value of export trade in Russia in 2018 with a forecast until 2024, by global economic scenario*

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Release date

September 2019



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Supplementary notes

* The basic scenario was calculated considering changes of internal and external conditions, the dynamics of the global economic situation, tendencies of the global economy growth as well as the results of socioeconomic development of Russia in H1 2019.

The conservative scenario was developed by the Ministry of Economic Development in Russia based on the assumption about a more significant slowdown of the global economy growth than expected in the basic scenario.

The target scenario was, like the basic scenario, based on global economy and markets development assumptions. The difference is, it assumed a fast and effective realization of structural measures of state politics, such as an increase in the trust of population and businesses in legal and juduciary systems and an investment climate improvement.

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Statistics on "Trade in Russia"

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