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Surplus of Russia’s balance of trade cuts 9% to almost $134 bln in Jan-Sept - Statistics

November 29, 2013, 1:26 UTC+3 MOSCOW
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MOSCOW, November 28, 23:17 /ITAR-TASS/. Surplus of the Russian balance of trade decreased by nine percent over the first nine months of the year, as compared to the same period of 2012, and stood at 133.6 billion U.S. dollars, the Russian State Statistics Service says, quoting the Central Bank’s data.

In January-September 2013, Russia’s export went down by 1.3 percent as against the same period of 2012 and amounted to 382.8 billion U.S. dollars. Import grew by 3.4 percent to 249.2 billion U.S. dollars, the Statistics says, adding that Russia’s foreign trade increased by five percent over the period under review and reached 632 billion U.S. dollars.

Earlier, Itar-Tass reported quoting the Russian Economic Development Ministry, “Russia’s trade surplus decreased by 8.8 percent in the first ten months of the year upon the same period in 2012 and totalled 147 billion U.S. dollars.”

In January-October 2013, Russia’s export of goods was estimated at 426.8 billion U.S. dollars, which was 1.8 percent smaller than in the same period of 2012. In October, export of goods amounted to 44.0 billion U.S. dollars, which was 5.5 percent smaller than in October 2012 and 1.2 percent smaller than in September 2013.

In the first ten months, Russia’s import of goods went up by 2.4 percent versus the same period of the preceding year and was estimated at 279.8 billon U.S. dollars, the document says. In October, the country’s imports stood at 30.6 billion U.S. dollars, which was a drop of 4.8 percent upon October 2012, but a 6.2 percent increase upon September 2013.

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