Russia Trade Surplus Widens in November

In November of 2013, Russian trade surplus increased 12.8 percent yoy to USD 16.5 million, as exports surged after a fall in October.

Exports rose 7.3 percent over October to USD 46.73 billion. Compared with the same month last year, sales increased 3.25 percent. 

Shipments to countries outside the Commonwealth of Independent States rose 4.2 percent, while those to the CIS countries fell 1.8 percent.

Imports dropped 2.16 percent over the previous month to USD 30.18 billion. Year-on-year, purchases fell 1.3 percent. 

From January to November, Russia exported less quantity of copper (-12 percent yoy) and aluminum (-3.5 percent). In contrast, shipments of nickel rose in the same period by 7.9 percent.

Russia Trade Surplus Widens in November

Joana Taborda |
1/17/2014 2:00:17 PM