Template-Type: ReDIF-Paper 1.0 Author-Name: Nadezhda Volovik Author-Name-First: Nadezhda Author-Name-Last: Volovik Author-Workplace-Name: Gaidar Institute for Economic Policy Title: Foreign trade Abstract: According to the World Bank’s forecast for commodity markets, global commodity prices are expected to reach their lowest level in six years in 2026. This will be Classification-JEL: F10, F13, F19 Keywords: Russian economy, foreign trade, terms of trade, regional pattern Creation-Date: 2026 Revision-Date: 2026 Length: 26 pages File-URL: https://www.iep.ru/files/RePEc/gai/ppaper/ppaper-2026-1622.pdf File-Format: application/pdf File-Function: Revised Version, 2026 Handle: RePEc:gai:ppaper:ppaper-2026-1622