Russia Trade Surplus Narrows in December


In December of 2013, Russian trade surplus decreased to USD 15.79 billion, as imports surged to a new record high. In November, the surplus had widened to a 10-month high.

Exports rose for the second straight month to USD 49.16 billion, showing an annual increase of 1.9 percent. Compared with the previous month, shipments increased 5.2 percent, down from a 7.3 percent surge in November. 

Shipments to countries outside the Commonwealth of Independent States accounted for 84 percent of total merchandise exports and rose 2.7 percent on the year. Sales to the CIS countries fell for the second straight month by 2.1 percent. 

Imports surged 4.2 percent on an annual basis to USD 33.36 billion, after contracting in the previous two months. On a monthly basis, purchases increased 10.5 percent. 

Russia Trade Surplus Narrows in December


Joana Taborda | joana.taborda@tradingeconomics.com
2/11/2014 3:13:09 PM