Russian trade surplus widens 2% to $195.9 bln in 11M - customs
MOSCOW. Jan 13 (Interfax) - Russia's trade surplus widened 2% year-on-year in January-November 2014 to $195.9 billion, the Federal Customs Service (FCS) said.
Foreign trade turnover fell 5.2% year-on-year to $722.8 billion, including $633.7 billion with non-CIS countries and $89.1 billion with CIS countries.
The surplus in trade with non-CIS countries was $167.1 billion ($6.5 billion more) and with the CIS countries - $28.8 billion ($2.7 billion less).
Russian exports totaled $459.2 billion in the 11M, down 3.8% from a year earlier. Exports to the CIS accounted for 12.8% of the total and exports elsewhere - 87.2%.
Imports totaled $263.4 billion, down 7.6%. The non-CIS accounted for 88.6% of imports, while the CIS accounted for 11.4%.
Fuel and energy accounted for 74.1% of Russian exports, compared with 74.4% in the first 11 months of 2013. Machinery and equipment made up 50.4% of imports from the non-CIS, compared with 50.6% a year previously.
The EU accounted for 48.5% of trade turnover in the first 11 months (compared with 49.6% in the same period last year), the CIS for 12.3% (13.4), the Customs Union for 6.8% (6.9%), EurAsEc countries for 7.1% (7.2%) and APEC countries for 26.9% (24.8%).
China was Russia's biggest trading partner outside the CIS, accounting for $81.1 billion in trade, 1.5% more than in 11M 2013, followed by the Netherlands with $67.9 billion (down 2.3%), Germany - $64.2 billion (down 5.2%%), Italy - $45.0 billion (down 7.2%), Turkey - $28.5 billion (down 2.6%), Japan - $28.3 billion (down 6.2%), the United States - $27 billion (up 7.5%), South Korea - $25.5 billion (up 11.2%), Poland - $21.6 billion (down 14.0%) and the UK - $18.2 billion (down 17.9%).
