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Merchandise exports up 34.9% yoy, imports up 30.2% yoy in October

Merchandise exports up 34.9% yoy, imports up 30.2% yoy in October

16 December 2008

The State Statistics Committee reported that in October merchandise exports grew 34.9% yoy, down from 62.5% yoy in September. Growth in imports slowed to 30.2% yoy in October from 74.8% yoy in September. Merchandise trade imbalance made up USD 16.1 bln (10.2% of GDP) in 10M08. For more, see our flash note later today.

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