Russian Trade Surplus Widens 28.4% in November

Russia's trade surplus widened by 28.4 percent to USD 11.52 billion in November 2017 from USD 8.97 billion in the same month a year earlier, above market expectations of an USD 11 billion surplus.

Exports increased 25.2 percent to USD 33.24 billion from USD 26.55 billion in November 2016, as exports to non-CIS countries advanced 25 percent to USD 28.46 billion while those to CIS countries went up 25.8 percent to USD 4.78 billion. 

Imports went up at a slower 23.5 percent to USD 21.72 billion from USD 17.59 billion a year earlier. Imports from non-CIS countries climbed 23.6 percent to USD 19.41 billion and those from CIS countries advanced 22.8 percent to USD 2.31 billion. 

The trade surplus with non-CIS countries grew 28.3 percent to USD 9.05 billion from USD 7.05 billion a year ago; and with CIS countries it widened 28.8 percent to USD 2.47 billion from USD 1.92 billion.

In January to November, the trade surplus widened sharply to USD 101.63 billion from USD 78.50 billion in the same period of 2016.

Russian Trade Surplus Widens 28.4% in November

Joana Ferreira |
1/17/2018 1:10:39 PM