Russian trade surplus grows

September 26, 2012 | Business | Written by

Moscow, Sep 26: Russia’s trade surplus reached $128.8 billion in the first seven months of 2012, up 7.6 percent year-on-year, the Federal Customs Service said.

In trade with former Soviet republics, Russia gained $20.8 billion, an increase of $1.7 over the same period last year, reported Xinhua citing the agency.

According to the agency, Russia’s exports during the period amounted to $302.1 billion, a 5.6-percent hike year on year, while import also increased 5 percent to $173.3 billion.

Fuel and energy products remained the pillars of Russian exports.

IANS