Russia Trade Surplus Widens in June


Russia's trade surplus increased by 8.1 percent to USD 8.69 billion in June 2017 from USD 8.04 billion in the same month a year earlier and above market expectations of a USD 7.5 billion surplus. Exports rose 22.8 percent to USD 29.52 billion and imports went up 30.2 percent to USD 20.83 billion.

Exports increased by 22.8 percent to USD 29.52 billion from USD 24.04 billion in June 2016, as exports to non-CIS countries advanced 21.8 percent to USD 25.04 billion while those to CIS countries went up 28.8 percent to USD 4.48 billion. 

Imports went up 30.2 percent to USD 20.83 billion from USD 16.00 billion a year earlier. Imports from non-CIS countries climbed 31.6 percent to USD 18.59 billion and those from CIS countries advanced by 19.2 percent to USD 2.24 billion.

The trade surplus with non-CIS countries edged up 0.1 percent to USD 6.45 billion from USD 6.44 billion a year ago while with CIS countries jumped 40.1 percent to USD 2.24 billion from USD 1.60 billion.

Joana Ferreira | joana.ferreira@tradingeconomics.com
8/11/2017 1:18:57 PM