The trade balance surplus in Russia grew by 53.6 percent to $70.2 billion in January to April of 2008.
Photo: Svetlana Nefedova
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Russia’s Trade Balance Surplus Up by 53.6%
The trade balance surplus in Russia grew by 53.6 percent to $70.2 billion in January to April of 2008, the Federal Customs Service announced.
Russia’s foreign trade turnover grew by 51 percent on year to $227.2 billion in January through April, according to customs statistics. Of this amount, the turnover with far-abroad states accounted for $193.7 billion (up 52.3 percent) and the turnover with CIS generated $33.5 billion (up 44.0 percent).
January-April exports stepped up by 51.6 percent to $148.7 billion. The exports to far-abroad states reached $126.3 billion (up 51.6 percent), while CIS accounted for $22.4 billion (up 51.8 percent up).
The imports equaled $78.5 billion, having widened by 49.9 percent on year; far-abroad states accounted for $67.4 billion (up 53.7 percent), CIS generated $11.1 billion (up 30.6 percent).
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