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Russia’s trade surplus shrank to USD 12.42 billion in October 2019 from USD 12.42 billion a year earlier, slightly above market expectations of USD 19.81 billion. Exports fell for the sixth straight month by 12.6 percent to USD 36.10 billion, due to lower shipments to both non-CIS countries (-12.3 percent) while those to CIS countries edged up (-14.3 percent). Meanwhile, imports jumped 10.2 percent to USD 23.68 billion, boosted by purchases from non-CIS countries (+11.4 percent).

Russia’s trade surplus shrank to USD 14.15 billion in September 2019 from USD 18.84 billion a year earlier, slightly above market expectations of USD 14.0 billion. Exports fell for the fifth straight month by 9.3 percent to USD 35.04 billion, mainly due to lower shipments to non-CIS countries (-10.7 percent) while those to CIS countries edged up (+1.1 percent). Meanwhile, imports rose 5.6 percent to USD 20.89 billion, boosted by both non-CIS countries (+4.6 percent) and CIS countries (+13.8 percent). In the third-quarter of 2019, the country’s trade surplus declined to USD 36.94 billion from USD 47.75 billion in the same period 2018, with exports sliding 7.7 percent while imports climbed 3.7 percent.

Russia’s trade surplus narrowed to USD 12.01 billion in August of 2019 from USD 15.80 billion in the corresponding month of the previous year, in line with market expectations. Exports slumped for the fifth straight month by 9.7 percent from a year earlier to USD 33.84 billion, dragged by both non-CIS countries (-11.1 percent) and CIS countries (-0.1 percent). Meantime, imports edged up 0.8 percent year-on-year to USD 21.83 billion, as purchases from CIC countries rose 7.5 percent while those from non-CIS countries showed no growth.

Russia’s trade surplus shrank to USD 11.22 billion in July of 2019 from USD 13.12 billion in the corresponding month of the previous year. It is the lowest trade surplus since October of 2017, as exports fell for the fourth straight month by 2.6 percent year-on-year to USD 33.44 billion. Shipments dropped to non-CIS countries (-5.1 percent) while those to CIS countries rose 13.2 percent. Meanwhile, imports rose 4.7 percent to USD 22.22 billion, boosted by purchases from both non-CIS countries (+4.1 percent) and CIS countries (+9.9 percent).

Russia’s trade surplus shrank to USD 12.508 billion in June of 2019 from USD 15.201 billion in the corresponding month of the previous year. Exports plunged 10.5 percent from a year earlier to USD 32.476 billion, the third straight monthly decline. Shipments to non-CIS countries dropped 12.2 percent while those to CIS countries edged up 0.7 percent. Imports fell at a softer 5.3 percent to USD 19.968 billion, dragged by lower purchases from non-CIS countries (-6 percent). On the other hand, imports from CIS countries increased 0.7 percent. Considering the second quarter of 2019, the trade surplus narrowed by 16.2 percent to USD 38.036 billion from USD 45.367 billion in the same period a year earlier.

Russia’s trade surplus narrowed sharply to USD 11.823 billion in May of 2019 from USD 15.155 billion in the corresponding month of the previous year. It was the lowest trade surplus since November of 2017. Exports slumped by 13.5 percent to USD 31.592 billion, dragged by shipments to both non-CIS countries (-14.5 percent) and CIS countries (-6.4 percent). Meantime, imports fell at a softer 7.4 percent to USD 19.769 billion, due to both non-CIS countries (-7.6 percent) and CIS countries (-5.3 percent).