Russia Trade Surplus Narrows in September

Russia posted a USD 9.6 billion trade surplus in September of 2015, down from a USD 12.1 billion surplus a year earlier, as imports fell more than exports.

Year-on-year, imports plunged 35.5 percent to USD 16.76 billion and exports shrank 30.8 percent to USD 26.37 billion.

The trade surplus with non-CIS countries continued to decline in September, (-25.3 percent year-on-year)  as U.S. and Western sanctions are still in force while the trade surplus with CIS countries increased slightly (+5.4 percent year-on-year).

Month-on-month on non-seasonally adjusted basis, exports increased by 4.2 percent and imports rose by 1.0 percent.

Since the beginning of the year, the surplus decreased by 21.2 percent to 116.24 USD billion compared to the same period in 2014.

 Russia Trade Surplus Narrows in September

Yekaterina |
11/12/2015 8:53:52 AM