Russian Trade Surplus Narrows in June


In June, Russia's trade surplus fell to $13.7 billion from $15 billion in the previous month and $13.9 billion in June of 2012. This is due to a higher increase in imports than that of shipments.

Exports were up to $41.6 billion, a 1.8 percent increase when compared to the same month a year earlier. Sales to the Commonwealth of Independent States (CIS) were down 15.5 percent which only partly offset the increase to non-CIS countries of 5.3 percent.

Imports rose to $27.94 billion, up 3.6 percent on the year. Purchases from CIS members rose 11.8 and purchases from non-CIS countries rose 2.3 percent.

Russian Trade Surplus Narrows in June


CBR | Nuno Fontes | nuno@tradingeconomics.com
8/9/2013 11:55:58 AM