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Russian Economy Ministry expects trade balance surplus to decline

Exports of goods are expected to drop to $419.7 bln this year. Imports are forecast to grow to $315.7 bln in 2024

MOSCOW, April 26. /TASS/. The trade balance surplus is expected to decline in 2024 to $104 bln, the Russian Ministry of Economic Development said in its conservative socioeconomic development forecast.

Exports of goods are expected to drop to $419.7 bln this year. Imports are forecast to grow to $315.7 bln in 2024.

The current account surplus is predicted to drop to $27.2 bln in 2024.

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Trade & Cooperation

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