Abstract
The paper deals with the issues of international trade as the main indicator of the state open economy. The authors proved that international trade is an integral part of the country in the age of economic globalization and affects the global economy development. International trade characterizes the country’s foreign economic activity. The research on international trade is based on the comparison and statistical methods, and mathematical analysis. The main indicators of international trade, such as trade exports and imports, as well as changes in the country’s external turnover, were analyzed. The structure of trade exports was studied. Promising areas of Russia’s foreign economic activity were identified. The authors of the paper considered the GDP dynamics at purchasing power parity and analyzed the volume of net exports in relation to GDP.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Similar content being viewed by others
References
Afesorgbor, S.K.: The impact of economic sanctions on international trade: how do threatened sanctions compare with imposed sanctions? Eur. J. Polit. Econ. 56, 11–26 (2019)
Baley, I., Veldkamp, L., Waugh, M.: Can global uncertainty promote international trade? J. Int. Econ. in press (2020). https://doi.org/10.1016/j.jinteco.2020.103347. Accessed 15 June 2020
Bank of Russia: External sector statistics (2020). https://cbr.ru/statistics/macro_itm/svs/. Accessed 15 June 2020
Federal State Statistics Service: Commodity structure of exports of the Russian Federation (2020). https://www.gks.ru/folder/11193. Accessed 15 June 2020
Federal State Statistics Service: Gross domestic product used (2020). https://gks.ru/free_doc/new_site/vvp/vvp-god/tab24.htm. Accessed 15 June 2020
Foo, N., Lean, H.H., Salim, R.: The impact of China’s one belt one road initiative on international trade in the ASEAN region. The North American Journal of Economics and Finance, in press (2019). https://doi.org/10.1016/j.najef.2019.101089. Accessed 15 June 2020
Liu, T., Lu, D., Woo, T.W.: Trade, finance and international currency. J. Econ. Behav. Organ. 164, 374–413 (2019)
Redmond, T., Nasir, M.A.: Role of natural resource abundance, international trade and financial development in the economic development of selected countries. Res. Pol. 66, 101591
Samuelson, P.A., Nordhaus, W.D.: Economics. Macmillan Publishing Solutions, Orlando (2009)
The World Bank: Trade (2020).https://data.worldbank.org/topic/trade. Accessed 15 June 2020
Varnavskii, V.: International trade in value added terms: methodological issues. World Econ. Int. Rel. 62(1), 5–15 (2018)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2021 The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG
About this paper
Cite this paper
Tsibareva, M.E., Malina, A.B., Brazhnikov, M.A. (2021). Impact of Russian International Trade on the Global Economy. In: Ashmarina, S.I., Horák, J., Vrbka, J., Šuleř, P. (eds) Economic Systems in the New Era: Stable Systems in an Unstable World. IES 2020. Lecture Notes in Networks and Systems, vol 160. Springer, Cham. https://doi.org/10.1007/978-3-030-60929-0_102
Download citation
DOI: https://doi.org/10.1007/978-3-030-60929-0_102
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-60928-3
Online ISBN: 978-3-030-60929-0
eBook Packages: EngineeringEngineering (R0)