27. EXTERNAL ECONOMIC ACTIVITY

This section contains foreign trade statistics (according to the Balance of Payments methodology), information on foreign trade statistics (data of the Federal Customs Service) foreign trade prices.

Information on foreign trade is represented according to the Balance of Payments methodology and includes:

data of the Federal Customs Service obtained from customs freight declarations of participants of foreign trade activity including data on mutual trade with the member-states of the Eurasian Economic Union (EAEU) (the Republic of Belarus, the Republic of Kazakhstan, the Republic of Armenia, the Kyrgyz Republic) obtained from statistical reports on transferring of goods;

data of the Federal State Statistics Service on commodities, which do not cross the customs border of the Russian Federation (fish and sea products, caught and sold outside the customs territory; fuel and goods, purchased by Russian (foreign) sea transport in foreign (Russian) ports), obtained on the basis of federal statistical observation;

additional computations of the Bank of Russia to foreign trade statistics which are compiled according to the Balance of Payments methodology and include estimates of value of imported (exported) goods by individuals within the approved duty free quote and simplified (privilege) manner and other elements of additional computations.

Balance of Payments is a statistical report which reflects all economic transactions between residents and non-residents during a period of time. For more information visit official site of the Bank of Russia at: \ Statistics \ Macroeconomic Financial Statistics \ Balance of payments and other statistical materials developed according to the 6th Balance of Payments and International Investment Position Manual (BPM6).

Export – removal of commodities from the territory of the Russian Federation without guarantee of the return them back. Export includes removal from a country of domestically produced commodities and re-export of commodities. Domestically produced
commodities include also those of foreign origin imported to a country and significantly reprocessed and as a result changed their qualitative and technical characteristics. Goods imported to the territory of the Russian Federation and then removed from its territory without payment of customs dues, taxes and application of embargo or economic restrictions, are related as re-exported commodities.

Recording of export of commodities is carried out in franco-border of the country-exporter (FOB) prices, i.e. price of a commodity includes expenditures on its transportation to land border or the shipping port of the exporting country.

Import – taking of commodities to the territory of the Russian Federation without guarantee of the return them removed back. Import includes commodities run for consumption in the economy of a country, brought in the territory of a state according to a re-import regime. Re-imported commodities are those moved out from the territory of the Russian Federation and then moved in this territory without payment of customs dues, taxes and application of embargo or economic restrictions.

Recording of import of commodities is carried out in franco-border prices of the country-importer (CIF), i.e. prices of commodities include expenditures on the insurance and transportation to the border of the importing country.

The shareof consumer, intermediate and investmentgoods representsthe ratio ofthe cost ofthe consumer, intermediate and investment goodsto the totalvalue of imports.

Consumer goods – commodities unmediatedly satisfying person’s requiments and meant for family and personal consumption.

Intermediate goods – commodities used not for final consumption but for further production of gods and services.

Investment goods – serve the goal of replacement, renovation, qualitative improvement of fixed assets.

Customs statistics of foreign and mutual trade with the EAEU member statesis formed on all commodities (including values, but excluding currency values in circulation) exports and imports of which increase or decrease material resources of the country and do not include goods which do not cross the customs border of the Russian Federation (fish and sea products, caught and sold outside of the customs territory,fuel and goods, purchased by Russian (foreign) transportation means in foreign (Russian) ports as well as imports (exports) of goods by individuals within approved a duty free quote, or which cross the customs border in privilege manner.

Data from the Federal Customs Service on commodities is calculated without account of mutual trade with the Republic of Kazakhstan from July to December 2010 due to the abolition of customs zone in Russia-Kazakhstan border in July 1, 2010.

External trade turnover according to data of the Federal Customs Service is presented as of February 5, 2016.

External trade turnover – a sum of export and import of goods.

Foreign trade balance (netting) is a difference betweenexport and import of goods. A positive balance means that export exceeds import while a negative balance (symbol “-“ put down) means that import exceeds export.

Average export (import) prices are a ratio of a total value of exported (imported) commodities to their quantity.

Tables 27.1 contains data presented by the Bank of Russia;tables 27.2, 27.3, 27.4, 27.5, 27.7, 27.8, 27.9, 27.11, 27.12, 27.14, 27.15, 27.16, 27.18, 27.19, 27.21, 27.22, 27.24, 27.25 - include data from the Federal Customs Service with account to mutual trade with the EAEU member-states: for 2000, 2005 with the Republic of Belarus, for 2010-2014 with the Republic of Belarus and the Republic of Kazakhstan, for 2015 with the Republic of Armenia (since January 1, 2015) and the Kyrgyz Republic (since August 12, 2015), the Republic of Belarus, the Republic of Kazakhstan; in tables 27.6, 27.10, 27.13, 27.17, 27.20, 27.23, 27.26 - data of the Federal Customs Service of Russia.

/ RUSSIA IN FIGURES. 2017 / 1