Russia Trade Surplus Widens in October



Russian trade surplus increased 6.2 percent year-on-year to USD 13.6 billion in October of 2014 as imports keep falling at a faster pace than exports.

Exports declined for the third consecutive month by 6.9 percent year-on-year to USD 40.5 billion in October of 2014. Sales to countries outside the Commonwealth of Independent States (CIS) dropped 2 percent while shipments to the CIS countries shrank for the fourth month in a row by 30.9 percent. 

Imports fell 12.4 percent year-on-year to USD 23.9 billion in October, following a 10 percent drop in the previous month. Purchases from the CIS countries contracted 29.1 percent while those from other countries fell 9.8 percent.

Russia Trade Surplus Widens in October


Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
12/12/2014 12:36:16 PM