Russia Trade Surplus Slightly Narrows in September

In September of 2013, Russia’s trade surplus decreased to 15.7 billion USD, slightly down from 15.74 billion USD a year earlier. Both exports and imports were up, but purchases grew at a faster pace.

Exports increased to 44.54 billion USD, up from 42.2 billion USD in August of 2013, and from 43.1 billion USD in September of 2012 (up by 3.3 percent, year-over-year).

Shipments to the Commonwealth of Independent States (CIS) decreased for the eighth month in a row by an annual 4.3 percent. In contrast, sales to the non-CIS countries increased for the fourth consecutive month by 4.8 percent.

Imports increased to 28.83 billion USD, from 28.4 billion USD in August, and 27.4 billion USD a year earlier (+5.3 percent). Imports from the CIS countries increased by 12.7 percent, and shipments from non-CIS countries rose by 4.1 percent.

Russia Trade Surplus Slightly Narrows in September

Krisztina Györffy |
11/11/2013 1:40:22 PM