Russia 's Foreign Trade and Its Impact on the Country 's Economy

In the framework of this article, the essence and importance of foreign trade for the development of the country's economy is indicated. The key indicators used for the analysis of “foreign trade” are highlighted, their definition and essence are characterized, analyzed using the statistics of the Russian Federal State Statistics Service over a ten-year period (from 2009 to 2018), the general dynamics indicators and the structure of export and import by trade directions are analyzed, as well as the dynamics of trade turnover and balance, conclusions are drawn about their growth or decline in the analyzed period.

The key features of external trade factors are identified, in view of the economic sanctions introduced against the Russian Federation (its residents), as well as the “response measures” and restrictions on trade with some external partners are described. The internal political decisions of the Russian authorities regarding the diversification of the country's economy are described. The analysis of changes in the structure of trade partners of Russia, in view of changes in the conditions and directions of foreign trade. The role and results of import substitution for stabilizing Russia's trade turnover and increasing the intensity of the country's economic growth are outlined.