Russia Trade Surplus Widens Less than Expected

Russia's trade surplus widened by 21.7 percent to USD 15.00 billion in March 2018 from USD 12.33 billion in the same month a year earlier, but below market expectations of USD 16.0 billion.

Exports increased 17.8 percent to USD 36.90 billion from USD 31.33 billion in March 2017, as exports to non-CIS countries advanced 17.4 percent to USD 32.06 billion and those to CIS countries went up 20.5 percent to USD 4.84 billion. 

Imports went up at a softer 15.2 percent to USD 21.90 billion from USD 19.00 billion a year earlier. Imports from non-CIS countries climbed 15.6 percent to USD 19.54 billion and those from CIS countries advanced 12.4 percent to USD 2.36 billion. 

The trade surplus with non-CIS countries grew 20.3 percent to USD 12.52 billion from USD 10.40 billion a year ago; and with CIS countries it widened 29.3 percent to USD 2.49 billion from USD 1.92 billion.

Considering the first quarter of the year, the trade surplus widened to USD 44.18 billion from USD 34.48 billion in the same period of 2017.

Russia Trade Surplus Widens Less than Expected

Joana Ferreira |
5/11/2018 1:15:24 PM