Page 58 - RusRPTAug21

5.0 External Sector & Trade 5.1 External sector overview
According to the Bank of Russia’s preliminary estimate, in January-June 2021 the current account surplus of the balance of payments of the Russian Federation increased to $43.1bn against $25.1bn in the first half of the previous year.
The key role was played by the growth of the surplus of foreign trade in goods by $12.4bn to $62.4bn due to the advanced growth of the exports of goods value. At the same time, the increase of supplies was observed for both energy and non-energy goods. The dynamics of the current account was maintained by a reduction in the aggregate deficit of other components of the current account, primarily of the balance of foreign trade in services.
58 RUSSIA Country Report August 2021 www.intellinews.com