Russian trade surplus widens 5.2% in 10M to $180.8 bln - Customs
MOSCOW. Dec 5 (Interfax) - Russia's trade surplus in January-October 2014 was $180.8 billion, 5.2% more than in the same period last year, the Federal Customs Service (FCS) said.
Foreign trade turnover fell 3.4% year-on-year to $664.7 billion, including $82.1 billion with CIS countries and $582.6 billion with countries outside the CIS.
The trade surplus with non-CIS countries was up $10.5 billion at $154.3 billion, and with CIS countries - down $1.6 billion at $26.5 billion.
Exports in January-October 2014 were $422.7 billion, which is 1.7% less than in the same period of 2013. Non-CIS exports accounted for 87.2% of exports in the 10M and CIS exports - 12.8%.
Imports fell 6.2% year-on-year in the 10M to $241.9 billion, 88.5% of which was accounted for by non-CIS countries and 11.5% by CIS countries.
Fuel and energy accounted for 74.6% of Russian exports to the non-CIS, the same as in the first ten months of 2013.
In the 10M, machinery and equipment made up 50.4% of imports from non-CIS countries, down slightly from 50.6% in the same period of last year.
The EU accounted for 48.8% of Russian trade turnover, down from 49.6% in the 10M of 2013, while CIS countries made up 12.4% (13.4% in 10M 2013), the Eurasian Economic Community (EurAsEC) - 7.1% (7.3%) and Asia-Pacific Economic Cooperation (APEC) - 26.7% (24.7%). Countries of the Customs Union made up 6.7% of Russian trade turnover in January-October 2014, down from 7% in 10M 2013.
China was Russia's biggest trading partner outside the CIS, accounting for $75.5 billion in trade, up 3% year-on-year; the Netherlands - $63.1 billion (+0.7%), Germany - $58.7 billion (-4%), Italy - $41.9 billion (-4.3%), Turkey - $26.2 billion (+0.3%), Japan - $25.9 billion (-3.2%), the U.S. - $25 billion (+11.1%), South Korea - $22.9 billion (+13.7%), Poland - $20.1 billion (-11.1%) and the UK - $17 billion (-13.9%).
