The positive balance of foreign trade in goods of the Russian Federation increased by 14%

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The current account surplus of the balance of payments of the Russian Federation in January-October 2024 amounted to $58.1 billion, which is 1.3 times more than in the same period of 2023, when it was $44.2 billion. This indicates an increase in the current account surplus, which may be due to an increase in exports or a decrease in imports, Interfax reports with reference to the Central Bank.>

The positive balance of foreign trade in goods of the Russian Federation in January-October 2024 increased by 14%, to $115.4 billion, compared with $101.1 billion for the same period in 2023. This indicates an increase in exports of goods, which may be due to favorable conditions on world markets or changes in the export structure.