Russia Trade Surplus Widens 16.5% in December


Russia's trade surplus widened by 16.5 percent to USD 13.70 billion in December 2017 from USD 11.76 billion in the same month a year earlier, above market expectations of a USD 13 billion surplus.

Exports increased 21.1 percent to USD 37.86 billion from USD 31.26 billion in December 2016, as exports to non-CIS countries advanced 19.5 percent to USD 32.45 billion while those to CIS countries went up 31.7 percent to USD 5.41 billion. 
Imports went up 23.9 percent to USD 24.16 billion from USD 19.50 billion a year earlier. Imports from non-CIS countries climbed 25.1 percent to USD 21.83 billion and those from CIS countries advanced 13.7 percent to USD 2.34 billion. 
The trade surplus with non-CIS countries grew 9.5 percent to USD 10.63 billion from USD 9.71 billion a year ago; and with CIS countries it widened 49.7 percent to USD 3.07 billion from USD 2.05 billion.
In 2017, the trade surplus widened 27.8 percent to USD 115.33 billion, as exports jumped 25.3 percent to USD 353.12 billion and imports rose at a slower 24.1 percent to USD 237.79 billion.

Russia Trade Surplus Widens 16.5% in December


Joana Ferreira | joana.ferreira@tradingeconomics.com
2/9/2018 5:38:40 PM