In early 2017, international financial organizations adjusted their short- and medium-term forecasts. The World Bank report Global Economic Prospects[1], released in January 2017, and estimated global growth in 2016 at a post-crisis low of 2.3%. It was noted that growth in emerging markets and...

Generally, according to the 2016 results fuel exports dramatically fell, non-fuel exports decreased somewhat, while imports stopped falling. However, H2 2016 (as compared to the similar period of 2015) showed slightly different results. Exports virtually stopped falling, while imports even began...

Amid prolonged trade tensions, high political uncertainties and the COVID-19 pandemic, the global growth outlook has become much worse. In the past year, in global economic growth rates there was a dramatic slowdown both of international trade flows and global production activities. The growing...

Russian exports of services in 2017 grew by 14%. To achieve the export target set by the President's decree of May 7, 2018 to the tune of $100 billion over the next six years, annual growth of 9% will be required. Import of services in 2017 grew by 19% mainly due to 30% increase in traveling...

The pandemic has dealt a heavy blow to the world economy and global commodity markets. The COVID-19 containment measures have taken a toll on economic activity particularly in Q2 2020 when the majority of G20 countries demonstrated an unprecedented drop in real GDP. In relation to G20 as a...

In January-September 2020, exports of energy commodities and other minerals decreased by 36.5% (45% of the level seen in 2013) on the relevant period of the previous year. Non-oil and gas exports increased by 1.8% following a six-fold increase in gold sales. Without including gold exports,...