Goods imports as a part of balance payment reached 238 USD bil in 2017 in Russia, according to the National Statistical Office. This is 24.4 % more than in the previous year.
Historically, goods imports as a part of balance payment in Russia reached an all time high of 341 USD bil in 2013 and an all time low of 37.3 USD bil in 1999. When compared to Russia's main peers, goods imports as a part of balance payment in China amounted to 1,740 USD bil, 1,131 USD bil in Germany, 645 USD bil in Japan and 2,361 USD bil in USA in 2017.
Russia has been ranked 20th within the group of 156 countries we follow in terms of goods imports as a part of balance payment, 2 places behind the position seen 10 years ago.
Goods imports refer to all movable goods (including non-monetary gold) involved in a change of ownership from non-residents to residents.