Russia Trade Surplus Widens in January

In January of 2013, the Russian trade surplus rose to $18.69 billion from $17.13 billion in December of 2012 according to a release from the Central Bank of Russia.

Compared to the previous month, exports decreased from $48.57 billion to $40.60 billion and imports fell from $31.44 billion to $21.91 billion in the first month of 2013.

Compared to the previous year, exports increased 2.2 percent while imports expanded 13.1 percent. In January of 2013, the trade surplus rose from $17.42 billion from a year earlier.

CBR | Nuno Fontes |
3/5/2013 4:03:39 PM