Russia imports plunged by 18.1 percent to USD 22.9 billion in March 2024 from USD 28 billion in the same month of 2023, affected by tight monetary policy by the central lender. Imports in Russia averaged 15186.05 USD Million from 1994 until 2024, reaching an all time high of 32481.00 USD Million in December of 2013 and a record low of 2525.00 USD Million in January of 1999. source: Central Bank of Russia
Imports in Russia is expected to be 27500.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Russia Imports is projected to trend around 34500.00 USD Million in 2025, according to our econometric models.
| Related | Last | Previous | Unit | Reference |
|---|---|---|---|---|
| Balance of Trade | 18810.00 | 8218.00 | USD Million | Mar 2024 |
| Capital Flows | 11701.03 | 12700.00 | USD Million | Dec 2023 |
| Current Account | 22000.00 | 11500.00 | USD Million | Mar 2024 |
| Current Account to GDP | 2.50 | 10.50 | percent of GDP | Dec 2023 |
| Exports | 41749.00 | 30841.00 | USD Million | Mar 2024 |
| External Debt | 316.80 | 322.30 | USD Billion | Dec 2023 |
| Foreign Direct Investment | -44319.00 | -30796.00 | USD Million | Sep 2023 |
| Imports | 22936.00 | 22624.00 | USD Million | Mar 2024 |
Russia Imports
Russia main imports are: machinery, equipment and transport (45 percent of total imports), chemical products (19 percent) and foodstuffs and agricultural products (14.5 percent). Main import partners in 2015 were: China (19 percent of total imports), Germany (11 percent), the United States (6 percent) and Belarus (5 percent).
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 22936.00 | 22624.00 | 32481.00 | 2525.00 | 1994 - 2024 | USD Million | Monthly |
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