ANALYSIS OF RUSSIA’S FOREIGN TRADE ACTIVITY
The purpose of the study is to analyze the foreign trade activity of Russia and its impact on the country's economy. In order to achieve this goal, the author solves such tasks as determining the essence and development of foreign trade activity; analyzing the country’s foreign trade activity; identifying prospects and problems of the development of Russia’s foreign trade activity. The author uses data from the Federal State Statistics Service to analyze the dynamics of exports and imports of Russia. The author describes how Russia’s accession to the WTO affected its foreign trade activities. In addition, the author analyzes the commodity structure of Russian exports and examines the dynamics of Russia’s GDP for the period 2000-2019. The dynamics of the share of net exports in Russia’s GDP is also considered. Despite the positive impact of foreign trade activity on the dynamics of GDP, trends towards stagnation persist. Having analyzed Russia’s foreign trade activity for the period 2000-2019, the author comes to the conclusion that the level of openness of the country's economy does not correspond to the scale, depth of the problems facing it, as well as internal opportunities. The Russian economy is quite heavily dependent on the export of certain groups of goods, which include the raw materials group.