Russia Trade Surplus Narrows in February

In February of 2013, the Russian trade surplus fell to $13.74 billion from $17.74 billion in January of 2012 according to a release from the Central Bank of Russia.

Compared to the previous month, exports increased from $39.04 billion to $40.00 billion and imports grew from $21.30 billion to $26.27 billion in the second month of 2013.

Compared to the same month in the previous year, exports decreased 11.4 percent while imports expanded 5.4 percent. In February of 2013, trade surplus fell from $20.25 billion a year earlier.

Nuno Fontes |
4/10/2013 3:14:08 PM