RUSSIA - EXPORT - IMPORT. Balance of Payments of the Russian Federation for 2003.

Main Components

Q1 2003

Q2 2003

Q3 2003

Q4 2003

2003

Current account

11,435

8,147

7,275

8,553

35,410

Goods and services

13,078

11,395

11,853

12,640

48,966

Export

34,183

35,779

39,695

42,501

152,158

Import

-21,105

-24,384

-27,842

-29,861

-103,192

Goods

15,098

13,548

15,372

15,842

59,860

Export

31,080

31,749

34,945

38,156

135,929

Import

-15,982

-18,200

-19,573

-22,314

-76,070

Services

-2,019

-2,153

-3,519

-3,202

-10,894

Export

3,104

4,030

4,750

4,345

16,229

Import

-5,123

-6,184

-8,269

-7,547

-27,122

Investment income and compensation of employees

-1,488

-3,178

-4,349

-4,156

-13,171

Receivable

4,552

2,037

2,526

1,942

11,057

Payable

-6,041

-5,215

-6,874

-6,098

-24,228

Compensation of employees

-18

-34

-119

-144

Received

193

202

220

199

814

Paid

-165

-220

-254

-318

-958

Investment income

-1,516

-3,160

-4,314

-4,036

-13,027

Receivable

4,359

1,835

2,306

1,743

10,243

Payable

-5,875

-4,995

-6,621

-5,779

-23,270

Current transfers

-155

-70

-229

-385

Received

362

611

564

1,000

2,537

Paid

-517

-681

-793

-931

-2,922

Capital and financial account

-9,963

-6,579

-4,038

-6,606

-27,187

Capital account

-560

-119

-354

-993

Capital transfers

-560

-119

-354

-993

Received

247

178

102

616

Paid

-207

-648

-297

-456

-1,609

Financial account

-10,003

-6,019

-3,919

-6,252

-26,194

Direct investment

848

778

-717

-2,678

-1,769

Abroad

-2,913

-2,058

-2,720

-2,035

-9,727

In Russia

3,762

2,836

2,003

-642

7,958

Portfolio investment

-3,504

-2,872

-2,209

3,705

-4,880

Assets

-1,718

-139

-1,061

375

-2,543

Liabilities

-1,786

-2,733

-1,148

3,330

-2,338

Financial derivatives

107

123

362

640

Assets

135

132

244

506

1,017

Liabilities

-27

-85

-121

-144

-377

Other investment

133

4,080

-3,739

5,706

6,180

Assets

-2,708

-319

-10,294

-3,151

-16,472

Cash foreign currency

587

3,066

1,236

1,023

5,911

Current accounts and deposits extended

1,210

640

-4,278

3,995

1,567

Trade credits and advances extended

751

-1,976

-2,721

-3,926

Loans extended (excluding arrears)

1,075

346

-955

-461

Arrears

-1,804

-638

-223

-2,661

Indebtedness on supplies according to intergovernmental agreements

165

Non-repatriation of exports proceeds, non-supply of goods and services against import contracts, remittances against fictitious transactions in securities

-3,357

-3,977

-3,612

-4,488

-15,435

Other assets

-526

-544

-516

-512

-2,097

Liabilities

2,841

4,398

6,555

8,857

22,652

Cash domestic currency

Current accounts and deposits received

233

1,053

1,658

822

3,767

Loans received (excluding arrears)

2,630

3,233

4,675

8,012

18,550

Arrears

-242

104

-7

Other liabilities

201

107

-119

244

Reserve assets

-7,589

-8,052

2,623

-13,347

-26,365

Net errors and omissions

-1,472

-1,568

-3,237

-1,947

-8,223

Overall balance