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Russia Trade Surplus Widens in May
Russia's trade surplus widened to USD 10.21 billion in May of 2021 from USD 3.79 billion in the corresponding month of the previous year. Exports jumped 65.8 percent from a year earlier to USD 34.82 billion boosted by sales to non-CIS (71.5 percent) and CIS countries (37.8 percent). Meanwhile, imports rose 43 percent to USD 24.61 billion on the back of purchases from non-CIS (42.9 percent) and CIS countries (43.9 percent).
Published on 2021-07-12

Russia Trade Surplus Widens as Exports, Imports Jump
Russia's trade surplus widened to USD 10.59 billion in April 2021, from USD 7.39 billion in the corresponding month of the previous year. Exports jumped 47.6 percent from a year earlier to USD 36.86 billion, the highest level since December 2019, boosted by sales to non-CIS (45.9 percent) and CIS countries (58.1 percent). Meanwhile, imports rose 49.4 percent to USD 26.27 billion, the highest since October 2014, on the back of purchases from non-CIS (50.3 percent) and CIS countries (42.0 percent).
Published on 2021-06-11

Russia Trade Surplus Widens in March
Russia's trade surplus widened to USD 10.02 billion in March of 2021 from USD 9.45 billion in the corresponding month of the previous year. Exports soared 19 percent from a year earlier to USD 35.71 billion, the highest since December 2019 boosted by sales to non-CIS countries (17.1 percent) and to CIS countries (31.4 percent). Meantime, imports jumped 25 percent to USD 25.69 billion, the highest since October 2014 due to a surge in purchases from non-CIS countries (25.6 percent) and CIS countries (19.9 percent). Considering the first quarter of the year, the country’s trade surplus narrowed to USD 27.66 billion from USD 33.1 billion.
Published on 2021-05-12

Russia Trade Surplus Narrows More than Expected
Russia's trade surplus shrank to USD 8.93 billion in January of 2021 from USD 13.43 billion in the corresponding month of the previous year and below market expectations of a USD 12.1 billion surplus. Exports tumbled 13.7 percent from a year earlier to USD 26.38 billion, mainly due to lower sales to non-CIS countries (-15.8 percent) while those to CIS countries went up 1.8 percent. Meanwhile, imports rose 1.8 percent to USD 17.45 billion, boosted by purchases from non-CIS countries (2.1 percent).
Published on 2021-03-12

Russia Trade Surplus Narrows in December
Russia's trade surplus shrank to USD 10.56 billion in December 2020 from USD 15.23 billion in the corresponding month of the previous year. Exports tumbled 10.4 percent from a year earlier to USD 35.5 billion due to lower sales to non-CIS (-10.7 percent) and CIS countries (-8.6 percent). Meanwhile, imports rose for the first time since February by 2.3 percent to USD 24.95 billion, boosted by purchases from non-CIS countries (3.3 percent). Considering the fourth quarter of 2020, the country’s trade surplus narrowed to USD 24.08 billion from USD 40.97 billion.
Published on 2021-02-11

Russia Trade Surplus Narrows in November
Russia's trade surplus narrowed to USD 7.08 billion in November 2020, from USD 12.58 billion in the same period last year, as global demand remained subdued amid rising COVID-19 cases and new lockdowns. Exports fell 16.9 percent due to lower sales to non-CIS (-18.3 percent) and CIS countries (-8.4 percent). Meanwhile, imports declined at a softer 2.3 percent, as purchases from non-CIS countries were down 1.7 percent and those from the CIS dropped 7.5 percent.
Published on 2021-01-15

Russia Trade Surplus Narrows in October
Russia's trade surplus narrowed to USD 6.44 billion in October 2020, from USD 13.16 billion in the same period last year and below market expectations of USD 8.2 billion, as global demand remained subdued amid rising COVID-19 cases and new lockdowns. Exports fell 23.8 percent due to lower sales to non-CIS (-27.4 percent). Exports to the CIS were unchanged. Meanwhile, imports declined at a softer 8.8 percent, as purchases from non-CIS countries were down 8.9 percent and those from the CIS dropped 8.6 percent.
Published on 2020-12-11

Russia Trade Surplus Narrows Amid Weak Global Demand
Russia's trade surplus narrowed to USD 10.05 billion in September 2020 from USD 14.50 billion in the same period last year, as global and domestic demand remained subdued amid rising COVID-19 cases and new lockdowns across the world. Exports fell 14.1 percent led by lower sales to both non-CIS (-15.7 percent) and CIS countries (-3.8 percent). Meanwhile, imports declined at a softer 2.7 percent, as purchases from non-CIS countries were down 2.3 percent and those from CIS dropped 5.5 percent.
Published on 2020-11-11

Russia Trade Surplus Narrows More than Extected in August
Russia's trade surplus fell sharply to USD 3.72 billion in August of 2020 from USD 12.35 billion in the corresponding month of the previous year, below market expectations of a USD 6.9 billion surplus. Exports tumbled 32.3 percent from a year earlier to USD 23.26 billion, led by lower shipments to both non-CIS (-34.5 percent) and CIS countries (-18.6 percent). Meanwhile, imports fell at a softer 11.1 percent to USD 19.54 billion, dragged down by reduced purchases from both non-CIS countries (-11.6 percent) and CIS countries (-7.6 percent).
Published on 2020-10-12

Russia Trade Surplus Shrinks More than Expected
Russia's trade surplus narrowed to USD 4.25 billion in July of 2020 from USD 11.05 billion in the same month of the previous year, below market expectations of a USD 5.5 billion surplus. Exports slumped 29.2 percent from a year earlier to USD 23.68 billion, led by lower shipments to both non-CIS (-32.6 percent) and CIS countries (-7.8 percent). Meanwhile, imports fell at a softer 13.2 percent to USD 19.42 billion, dragged down by reduced purchases from both non-CIS countries (-13.2 percent) and CIS countries (-13.4 percent).
Published on 2020-09-11

Russia Trade Surplus Narrows in June
Russia's trade surplus decreased to USD 5.29 billion in June of 2020 from USD 12.36 billion in the same month of the previous year but above market expectations of a USD 4.1 billion surplus. Exports slumped 25.3 percent to USD 24.2 billion, led by lower shipments to both non-CIS (-28.2 percent) and CIS countries (-6.8 percent). Meanwhile, imports fell at a softer 5.6 percent to USD 18.9 billion, dragged down by reduced purchases from both non-CIS countries (-4.4 percent) and CIS countries (-14.3 percent). In the second quarter of the year, the country's trade surplus narrowed to USD 15.4 billion from EUR 31.9 billion in the previous quarter, reflecting the adverse effects of the pandemic crisis.
Published on 2020-08-11

Russia Posts Smallest Trade Since 2002
Russia's trade surplus narrowed to USD 3.67 billion in May of 2020 from USD 12.46 billion in the same month of last year, the smallest trade surplus since November of 2002. Exports tumbled 35.5 percent to USD 20.9 billion, the lowest since February of 2016, led by lower sales to both non-CIS (-38 percent) and CIS countries (-19 percent). Meanwhile, imports declined at a softer 13.5 percent to USD 17.23 billion, as purchases from non-CIS countries fell 12.5 percent and those from CIS dropped 21.6 percent.
Published on 2020-07-10

Russia Posts Smallest Trade Surplus in 2-1/2 Years
Russia's trade surplus narrowed to USD 6.24 billion in April 2020 from USD 14.61 billion in the same period last year, the smallest trade surplus since July 2017. Exports tumbled 36 percent led by lower sales to both non-CIS (-35.5 peercent) and CIS countries (-39.3 percent). Meanwhile, imports declined at a softer 21.9 percent, as purchases from non-CIS countries fell 21.1 percent and those from CIS dropped 28 percent.
Published on 2020-06-11

Russia Trade Surplus Smallest 2-1/2 Years
Russia's trade surplus narrowed to USD 9.31 billion in March 2020 from USD 16.07 billion in the same period last year, but above market expectations of USD 5.76 billion. That was the smallest trade surplus since August 2017 as exports tumbled 20.0 percent led by lower sales to both non-CIS (-20.0 percent) and CIS countries (-20.1 percent). Meanwhile, imports declined at a softer 3.2 percent, as purchases from non-CIS countries fell 3.2 percent and those from CIS dropped 3.1 percent.
Published on 2020-05-15

Russia Trade Surplus Narrows Sharply in February
The trade surplus in Russia narrowed sharply to USD 9.66 billion in February of 2020 from USD 16.50 billion in the same month of the previous year, slightly below market expectations of a USD 9.7 billion surplus. Exports tumbled 19.1 percent to USD 28.12 billion, the most since June 2016, as sales to non-CIS countries dropped 19.9 percent and those to CIS countries fell 13.3 percent. Meantime, imports went up 1.1 percent to USD 18.46 billion, as purchases from non-CIS countries rose 1.6 percent while those from CIS countries decreased 2.4 percent.
Published on 2020-04-10

Russia Trade Surplus Narrows More than Expected in January
The trade surplus in Russia shrink to USD 12.48 billion in January 2020 from USD 14.41 billion in the same month a year earlier and compared with market expectations of USD 13.7 billion. Exports fell 4.3 percent on the back of sales to non-CIS countries declined 4.4 percent and those to CIS countries dropped 3.5 percent. Meanwhile, imports increased 3.7 percent as purchases from non-CIS countries rose 4.3 percent while those from CIS countries decreased 1.4 percent.
Published on 2020-03-13

Russia Trade Surplus Narrows in December
The trade surplus in Russia narrowed to USD 15.47 billion in December 2019 from USD 18.43 billion in the same month a year earlier. Still, that was the largest trade surplus since last March. Exports dropped 3 percent as sales to non-CIS countries declined 4.8 percent, while those to CIS countries climbed 9.8 percent. Meanwhile, imports increased 7.7 percent on the back of purchases from non-CIS (7.9 percent) and CIS countries (5.5 percent). Considering 2019 full year, the trade surplus narrowed to USD 164.74 billion from USD 194.43 billion the year before.
Published on 2020-02-11

Russia Trade Surplus Narrows in November
Russia's trade surplus narrowed to USD 12.27 billion in November 2019 from USD 18.99 billion in the same month last year, as exports plunged 12 percent due to lower sales to non-CIS countries (-14.6 percent). Meanwhile, exports to CIS countries surged 7.6 percent. Imports, on the other hand, jumped 8.9 percent, boosted by purchases from both non-CIS (9.2 percent) and CIS countries (6.5 percent). Considering January-November, the trade surplus decreased to USD 149.3 billion from USD 176.0 billion in the same period of 2018.
Published on 2020-01-17

Russia Trade Surplus Narrows in October
Russia’s trade surplus shrank to USD 12.42 billion in October 2019 from USD 12.42 billion a year earlier, slightly above market expectations of USD 19.81 billion. Exports fell for the sixth straight month by 12.6 percent to USD 36.10 billion, due to lower shipments to both non-CIS countries (-12.3 percent) while those to CIS countries edged up (-14.3 percent). Meanwhile, imports jumped 10.2 percent to USD 23.68 billion, boosted by purchases from non-CIS countries (+11.4 percent).
Published on 2019-12-12

Russia Trade Surplus Narrows as Exports Fall
Russia’s trade surplus shrank to USD 14.15 billion in September 2019 from USD 18.84 billion a year earlier, slightly above market expectations of USD 14.0 billion. Exports fell for the fifth straight month by 9.3 percent to USD 35.04 billion, mainly due to lower shipments to non-CIS countries (-10.7 percent) while those to CIS countries edged up (+1.1 percent). Meanwhile, imports rose 5.6 percent to USD 20.89 billion, boosted by both non-CIS countries (+4.6 percent) and CIS countries (+13.8 percent). In the third-quarter of 2019, the country’s trade surplus declined to USD 36.94 billion from USD 47.75 billion in the same period 2018, with exports sliding 7.7 percent while imports climbed 3.7 percent.
Published on 2019-11-11