MOSCOW, Dec. 15 (Xinhua) -- Russia's foreign trade surplus in goods narrowed to 101.5 billion U.S. dollars in the first 10 months of 2025, down from 109.6 billion dollars in the same period of 2024, the Central Bank of Russia said Monday.
The bank's latest report said that due to rising imports of travel and other service sectors, Russia's services trade deficit widened to 40 billion dollars over the 10 months, up from 31.5 billion dollars a year earlier.
The current account surplus fell to 37.1 billion dollars in January through October, compared with 52.7 billion dollars in the same period of 2024, reflecting the smaller goods trade surplus and the expanded services deficit, the report showed.
Furthermore, the growth of foreign assets excluding reserves dropped to 35.4 billion dollars, down from 52.1 billion dollars a year ago, while reserve assets declined by 16.7 billion dollars during the same period, it said.
In October alone, Russia recorded a goods trade surplus of 11.1 billion dollars, while its services trade deficit widened to 4.4 billion dollars. This represented a 2.6-billion-dollar drop in the goods trade surplus compared with September, the report added.
It said that the main driver behind the monthly decline was a fall in the value and volume of mineral product exports, which was partly offset by increased shipments of non-energy goods. Goods imports remained nearly flat month-on-month in October.
