The trade surplus in the first seven months was 6.9 billion dollars less than during the same period last year, it said in a statement.
Trade turnover amounted to 377.3 billion dollars in January-July, down 3.2 percent year on year.
Fuel and energy products, which accounted for 64.2 percent of Russia’s total exports, saw an increase in the volume of 3.5 percent but a decline in value of 3.2 percent.
Metals and their products, which took up 9.5 percent of the total exports, suffered a drop in both volume and value of 8.5 percent and 11.8 percent, respectively.
Russia’s imports in January-July 2019 amounted to $136.2 billion and compared with January-July 2018 decreased by 0.7%. Foreign countries accounted for 88.6% of total imports, and CIS (Commonwealth of Independent States) countries – 11.4%.
In the commodity structure of imports, the largest share accounted for machinery and equipment – 45.9% (in January-July 2018 – 46.7%). In the commodity structure of imports from non-CIS countries, the share of these goods decreased to 49.2% from 50.1% a year earlier, from CIS countries – to 20.4% from 20.5%.