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Russian foreign trade up 32.6% in 11M05 - Statistics Service

MOSCOW, January 24 (RIA Novosti) - Russia's foreign trade grew by 32.6% year-on-year in January-November 2005 and stood at $331.7 billion, the Federal Statistics Service said Tuesday referring to the Central Bank's data.

Russia's exports accounted for $220.6 billion (up 34.6% y-o-y) and imports for $111.1 billion (up 28.9% y-o-y), the service said.

Accordingly, the trade surplus was $109.5 billion ($77.8 billion in January-November 2004).

Energy dominated Russia's exports with a 63.8% share (57.6% in January-November 2004), whereas metal products came in at 14.6% (16.7%), machinery equipment 5.4% (7.4%), chemical products 6% (6.6%), and timber and pulp and paper goods 3.5% (3.9%).

Machinery, equipment and vehicles accounted for 43.5% of Russia's imports (41% in January-November 2004), foodstuffs and agricultural goods for 17.7% (18.1%) and chemical products for 16.6% (15.9%).