Russia Trade Surplus Widens 40% YoY In February


Russia Trade Surplus Widens 40% YoY In February Russian trade surplus increased by 40.3 percent to $10.17 billion in February 2017 from $7.2 billion in the same month a year earlier, while slightly below market expectations of a $10.5 billion surplus.

Exports increased by 28 percent to $25.7 billion from $20.1 billion in February 2016. Exports to non-CIS countries advanced 28.5 percent (from 49.1 percent in January) while those to CIS countries went up 24.6 percent (from 34.7 percent). 

Imports went up 21.1 percent to $15.6 billion from $12.9 billion a year earlier, marking the seventh consecutive month of gains. Imports from non-CIS countries climbed 18.8 percent (from 35.8 percent in January) and those from CIS countries advanced by 42.2 percent (from 65.9 percent).

The trade surplus with non-CIS countries jumped by 48.2 percent to 8.6 billion from $5.8 billion a year ago while with CIS countries went up 9.4 percent to $1.6 billion from $1.4 billion.

 Russia Trade Surplus Widens 40% YoY In February


Yekaterina Guchshina | yekaterina@tradingeconomics.com
4/11/2017 1:13:03 PM