Russian foreign trade surplus soars 60% to $53.6 bln in Q1 - customs(Part 2)
MOSCOW. May 7 (Interfax) - Russia's foreign trade surplus expanded
60% to $53.6 billion in the first quarter of 2008 from $33.5 billion in
the same period of last year, the Federal Customs Service (FCS) said in
a statement.
Foreign trade turnover increased 50.8% to $163.3 billion in
January-March 2008 compared to the same period of 2007.
Trade with non-CIS countries rose 52.6% to $139.7 billion in the
period, while trade with CIS countries grew 41% to $23.6 billion.
Russian exports rose 52.9% to $108.5 billion in the quarter with
exports to non-CIS countries increasing 53.5% to $92.6 billion and
exports to CIS countries growing 49.5% to $15.8 billion.
Fuel and energy commodities constituted 72.9% of exports to non-CIS
countries (compared to 67% in January-March 2007), metals and metal
products - 12.3% (15.9%), chemicals products - 5.4% (5.8%), forest
products - 2.7% (3.6%), machinery and equipment - 2.5% (2.6%) and foods
-0.7% (1.3%).
Among Russian exports to CIS countries, fuel and energy accounted
for 44% (compared to 42.4% in the first quarter of 2007), machinery and
equipment - 18.2% (19%), metals and metal products - 12.9% (13.1%),
chemicals - 9.6% (9.3%) and forest products - 4.4% (4.8%).
Russian imports grew 46.8% to $54.8 billion in the quarter with
imports from non-CIS countries increasing 50.8% to $47 billion and
imports from the CIS rising 26.5% to $7.8 billion.
Machinery and equipment accounted for 55.2% of imports from non-CIS
countries (compared to 50.9% in January-March 2007), chemicals - 14.2%
(15%), food and ingredients - 13.2% (16.5%), metals and their products -
4.6% (5.4%) and textiles and footwear - 5% (4.6%).
Among imports from the CIS, machinery and equipment accounted for
30.2% (compared to 26% in January-March 2007), metals and their products
-21.1% (29.4%), food and ingredients - 12.4% (11.3%) and chemicals -
9.5% (11.6%).
Russia's main non-CIS trading partners in January-March 2008 were
Germany with $15.9 billion (up 52.1% from the first three months of
2007), the Netherlands - $14.2 billion (59.7%) China - $12.7 billion
(65%), Italy - $12.4 billion (65.9%), Turkey - $7.8 billion (65.1%),
Poland - $6.2 billion (72.1%), Japan - $5.9 billion (59.5%), Finland -
$5.4 billion (66.7%), the United States - $5.3 billion (49.2%) and
Britain - $4.8 billion (51.5%).
tj
(Our editorial staff can be reached at eng.editors@interfax.ru)
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