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Trade surplus in 2012 fell

Russia’s foreign trade surplus in 2012 fell by 1.4 percent to USD195.4 billion from USD198.2 billion in 2011, according to an assessment of the balance of payments posted on the website of the Central Bank.

Exports in 2012 were up 1.7 percent, totaling USD530.7 billion. Imports were up 3.8 percent to USD335.4 billion.

The surplus of current accounts of the Russian Federation in the past year was USD81.3 billion, which is 17.7 percent less than in 2011 (USD98.8 billion). 

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