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Ministry raises Russia’s surplus forecast to almost $175 bln in 2013.

December 11, 2013, 1:12 UTC+3 MOSCOW
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MOSCOW, December 10, 22:51 /ITAR-TASS/. Russia’s foreign trade surplus is projected to be at 174.4 billion U.S. dollars in 2013, Deputy Economic Development Minister Andrei Klepach told reporters early this month.

In 2013, Russia’s export is forecasted at 515.4 billion U.S. dollars (initially - 511.4 billion U.S. dollars), while import - at 341 billion U.S. dollars (earlier - 343.5 billion U.S. dollars), the deputy minister said.

Under the ministry’s estimate, next year’s export will be at 504.6 billion U.S. dollars, while import - at 349 billion U.S. dollars. Therefore, the foreign trade surplus will make up 155.6 billion U.S. dollars in 2014.

Earlier, the Economic Development Ministry forecasted Russia’s surplus at 169.7 billion U.S. dollars in 2013 and at 152.8 billion U.S. dollars in 2014.

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