Russian export value forecast by scenario 2024

Russian exports were forecast to increase by over 120 billion Russian rubles between 2020 and 2021 under the baseline scenario. Under the conservative scenario, the export value would reach nearly 464 billion Russian rubles in 2024.

Value of export trade in Russia from 2019 to 2024, by forecast economic scenario (in billion U.S. dollars)

Characteristic	Baseline scenario	Conservative scenario
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Release date

September 2021

More information

Region

Russia

Survey time period

2019 to 2020

Supplementary notes

* Forecast.

The source specified the following information:
The basic scenario describes the most probable scenario of the development of the Russian economy considering expected external conditions and undertaken economic policy measures.

The conservative scenario is based on the premise of a less favorable sanitary-epidemiologic situation in the world, a protracted recovery of the global economy, and a structural slowdown of its growth rates in the medium-term perspective due to the spread of the novel coronavirus infection.

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