Russian Trade Surplus at 3-Month High


Russian trade surplus widened to USD 17.07 billion in July of 2014 from USD 13.45 billion a year earlier, driven by higher exports to countries outside the Commonwealth of Independent States.

Year-on-year, exports rose 5.4 percent to USD 46.06 billion. Sales to countries outside the Commonwealth of Independent States (CIS) increased 9 percent, offsetting a 15.2 percent drop in shipments to the CIS countries.

Imports fell 4.2 percent on the year to USD 28.99 billion. Purchases from non-CIS dropped 2.3 percent while those from the CIS countries shrank by 16.5 percent.

On a monthly basis, non-seasonally adjusted exports rose 13 percent while imports advanced 8.2 percent.

Russian Trade Surplus at 3-Month High


Central Bank of Russia | Joana Taborda | joana.taborda@tradingeconomics.com
9/11/2014 1:27:03 PM