The foreign trade of Russia demonstrates significant changes. It is well known that Russia remains an important supplier of crude oil and natural gas on the global market. However, recently the country started to demonstrate changes in its trade patterns. The country is actively developing its manufacturing and agricultural sectors to diversify its production and exports. At the same time, western sanctions and Russia’s counter sanctions, as well as prices for the main ex-ported products of the country significantly affected international trade flows of the country. Therefore, this commentary aims to show recent changes in Russia’s foreign trade.
PDFAzimzhan Khitakhunov is a research fellow at the Eurasian Research Institute. He has received his bachelor, master and Ph.D. degrees from Al-Farabi Kazakh National University (Ph.D. degree was completed in cooperation with the Johns Hopkins University, School of Advanced International Studies, Bologna, Italy). Currently, he is a senior lecturer at Al-Farabi Kazakh National University, Higher School of Economics and Business, Economics Department, where he teaches macroeconomics related disciplines. His research experience includes participation as a research fellow in the government financed f