International Trade: Imports: Value (Goods): Total for Russia
XTIMVA01RUA188S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.23
Year-over-Year Change
1.26%
Date Range
1/1/2003 - 1/1/2020
Summary
This economic trend measures the total value of goods imported into Russia. It is a key indicator of Russia's international trade and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The International Trade: Imports: Value (Goods): Total for Russia series tracks the monetary value of all goods imported into Russia. This metric provides insight into Russia's participation in global trade and the state of its domestic economy.
Methodology
The data is collected and reported by the Russian Federal State Statistics Service.
Historical Context
Policymakers and analysts use this import value trend to assess Russia's trade balance, economic growth, and exposure to global market forces.
Key Facts
- Russia is one of the world's largest importers of goods.
- Import values fluctuate with changes in global energy prices and domestic demand.
- Imports play a significant role in Russia's economy, accounting for over 20% of GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all goods imported into Russia. It provides insight into Russia's participation in international trade.
Q: Why is this trend relevant for users or analysts?
A: This import value trend is an important indicator of Russia's economic activity, trade balance, and exposure to global market forces.
Q: How is this data collected or calculated?
A: The data is collected and reported by the Russian Federal State Statistics Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this import value trend to assess Russia's trade balance, economic growth, and vulnerability to global market changes.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with occasional delays due to collection and reporting processes.
Related Trends
Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels (COICOP 04): Maintenance and Repairs of the Dwellings: Total for Russia
RUSCP040300GPM
Consumer Price Index: OECD Groups: Services Less Housing: Housing Excluding Imputed Rentals for Housing for Russia
RUSCPGRLH02GPM
Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Russian Federation
RUSFCIOFMFNNUM
Value of Exports to Russia from Alaska
AKRUSA052SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Actual Rentals for Housing for Russia
RUSCP040100IXOBM
International Merchandise Trade Statistics: Imports: Commodities for Russia
XTIMVA01RUA667N
Citation
U.S. Federal Reserve, International Trade: Imports: Value (Goods): Total for Russia (XTIMVA01RUA188S), retrieved from FRED.