Page 118 - RusRPTAug24

5.2 Balance of payments, current account
The Russian foreign trade surplus gained $1.6bn in June 2024 to $10.6bn, compared to $9bn a year earlier, the Bank of Russia said in its provisional estimate. The foreign trade surplus of Russia surged by $11bn as of the end of January - June 2024 against the like period of the last year and totaled $67.8bn.
The current account surplus dropped at the same time from $6.3bn this May to $4.7bn in June 2024. Its decline was driven by the decrease of the surplus of foreign trade in goods, the regulator informed.
118 RUSSIA Country Report August 2024 www.intellinews.com