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Russia’s foreign trade turnover was $22bn in April 2004, in accordance with the balance of payments methodology. This is 34.4 percent more than in April 2003, reported the Federal Service for State Statistics.
Exports amounted to $14.2bn in April (39.6 percent up), and imports were $7.8bn (up 26.1 percent). In January-April 2004, the country’s foreign trade turnover increased 24 percent compared with the same period last year.
In the estimation of the Federal Service for State Statistics, industrial production totaled RUR 877.7bn (in current prices) in May 2004, 5.5 percent more than in May 2003 but 1.5 percent less than in April 2004.
In January-May 2004, industrial production increased 7 percent compared to the corresponding period last year.
Fixed investment was RUR 198.9bn (about $6.9bn) in May 2004, 12.5 percent more than in May 2003 and 20.9 percent more than in April 2004. Fixed investment increased 12.8 percent in January-May 2004 compared with the same period in 2003.
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RUSSIA IN FACTS
