In January 2014, the positive trade balance of the Russian Federation increased by 10.1% year-on-year to $20.7 billion, the Federal Customs Service informed.
The trade surplus was $3.3 billion with the CIS countries, $17.4 billion with other countries.
Russia's foreign trade turnover was $57.6 billion decreasing by 2.4% year-on-year ($6.8 billion with the CIS countries, $50.8 billion with other countries).
Total exports from Russia increased by 0.6% to $39.2 billion. The CIS countries accounted for 13.1%, other countries for 86.9% of the total exports. Fuel and energy products formed the backbone of Russia's exports to non-CIS countries (77.5% in the export commodity structure, against 79.3% in January 2013). In January 2014, the amount of fuel and energy products exported from Russia did not change in money terms, increased by 0.9% in physical terms. Exports of electric power decreased by 41.7%, exports of diesel fuel by 30.2%, coke by 10.2%, crude oil by 1.3%. Physical exports of motor gasoline grew by 3.2%, coal by 9.8%, liquid fuels by 9.1%, natural gas by 15.5%.
Russia's total imports decreased by 8.3% year-on-year to $18.4 billion. The CIS countries accounted for 9.5%, other countries for 90.5% of the total imports. Machinery and equipment accounted for 49.6% of the commodities imported from the non-CIS countries (against 48.8% in January 2013). Imports of machinery and equipment held steady year-on-year in money terms, physical imports decreased by 8.6%. Physical imports of passenger cars decreased by 11.5%, imports of trucks by 2%