In November 2018, the Organization for Economic Development and Cooperation (OECD) presented its updated forecasts2, according to which global economic growth would slow down from the current 3.7 percent (the OECD's estimate as of 2018) to 3.5 percent in 2019–2020. Earlier, the OECD's experts...

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...

In 2016, the growth rates of world economy hit the all-time low since the global financial crisis and constituted 3.2 percent. However, the global economy is experiencing a broad-based cyclical upturn started in mid-2016 is gaining momentum. In this context, international financial organizations...

In September 2015, the Russian foreign trade turnover was contracting. Deterioration of relations with Turkey, which is a major trading and economic partner of the Russian Federation, added to many negative factors affecting Russian foreign trade

Prevailing Russia's export commodity pattern failed to take advantage of the ruble depreciation and increase commodities export. Export dynamic as before is determined by the impact of the reduction of global prices on main Russian export commodities. Russia's import is affected by the negative...

Downtrend forecast of the global economy, unfavorable conditions of the global markets, contraction in the real sector of the economy due to inflation, sharp growth of credits and anti-Russian sanctions, ban on the import of certain types of foodstuffs from the countries which introduced...

The WTO has revised downwards the forecast of global trade growth. As compared to the same period of the previous year, in Russia there is still weak positive dynamics of the export with a reduction of the import volume

In December 2015, Russian foreign trade outlook was determined by a reduction of the world prices on commodities, mainly on oil, and correlated with it ruble's depreciation. Import volume was shrinking by higher rates compared to export decline rates due to slowdown of economic growth and...