Russian trade surplus grows 3.9% to $176.3 bln in 10M - FCS
MOSCOW. Dec 7 (Interfax) - Russia saw its trade surplus increase 3.9% year-on-year to $176.3 billion in January-October 2012, the Federal Customs Service (FCS) reported.
Trade turnover was up 2.9% to $687.7 billion. Trade turnover with non-CIS countries reached $590.6 billion, while turnover with the CIS came to $97.1 billion.
The trade surplus with non-CIS countries came to $145.2 billion (up $2.8 billion), and with CIS countries - $31.1 billion (up $3.8 billion).
Exports from Russia in January-October 2012 totaled $432 billion, up 3.1% year-on-year. Exports to non-CIS countries accounted for 85.2% of the total, and to CIS countries - 14.8% of the total.
Imports to Russia reached $255.7 billion in the ten months, up 2.5% year-on-year. Imports of goods from non-CIS countries accounted for 87.1% of the total, and from the CIS - 12.9%.
The bulk of Russian exports to non-CIS countries in January-October 2012 consisted of fuel and energy products, which accounted for 73% of exports to these countries (73.2% in the first ten months of 2011).
Machinery and equipment accounted for 51.9% of non-CIS imports in the ten months (compared to 50.5% in the same period of 2011).
EU countries accounted for 48.8% of Russia's foreign trade in January-October 2012 (compared to 48.1% in the same period of 2011), CIS countries - 14.1% (15.2%), EurAsEC countries - 7.3% (7.7%), and Asia Pacific countries - 24.2% (23.9%). The share of countries in the Customs Union in Russia's trade came to 7% (7.5%) in the ten months.
Russia's main non-CIS trade partners in the period included China, with trade turnover at $72.7 billion (up 8.1% year-on-year), the Netherlands -$68.5 billion (up 23.2%), Germany - $61.1 billion (up 5.5%), Italy - $36.8 billion (down 0.5%), Turkey - $28.3 billion (up 13.7%), Japan - $26.1 billion (up 8.1%), the U.S. - $23.6 billion (down 6.4%), Poland - $22.7 billion (down 0.2%), South Korea - $20.3 billion (down 2.7%), and France - $20.2 billion (down 15.7%).
