Russian foreign trade surplus drops 14.7% to $12.2 bln in May - CBR
MOSCOW. July 9 (Interfax) - Russia's foreign trade surplus, as calculated by balance of payments, decreased 14.7% to $12.239 billion in May from $14.345 billion the previous month, the Central Bank of Russia said on its website.
May exports were down from April by 5.7% to $31.642 billion from $33.556 billion, while imports increased 1% to $19.403 billion from $19.211 billion.
The country's January-May foreign trade surplus weighed in at $73.1 billion, which was 120% larger than for the same period last year ($33.863 billion).
Exports for the five months came to $157.464 billion, or 56.1% more year-on-year ($100.89 billion). Jan-May imports were worth $84.303 billion, or 25.8% more year-on-year ($67.027 billion).