| January-June 2007 | January-June 2008 |
I.Current account surplus 3996,7 9713,0 Balance of foreign trade 6648,3 14017,8 II. Capital and finance flow | ||
Foreign trade turnover with 126 nations rose 72.5% to $20.4 billion and the favorable balance of foreign trade reached $14 billion.
The country carried out 8.1% of foreign trade with CIS countries and 91.9% with faraway countries.
Besides, commodities exports increased 1.9 times on last year to $17.2 billion during January-June.
Oil products accounted for 96% of exports and oil products worth $16.5 billion were shipped to foreign countries, up 1.9 times on the same period last year.
Crude oil made $15.4 billion of the total oil exports.
Non-oil exports increased 17.5% to $674.3 billion because of the growth in exportation of chemicals, nonferrous and ferrous metals.
The total cost of consumer goods imports increased 25.4% or $274.1 million compared to last year.
Foodstuff imports accounted for $117 million and cars constituted $91 million of this growth.
Consumer goods of $1 351.2 million, including humanitarian goods ($17.5 million) and imports by individuals ($499 million) were imported to the country. Foods made 33.7% of this.
The share of machines and equipment bought through foreign investments was 12.3% in imports.
88.1% of this was capital goods imported for oil and gas contracts.
Besides, machines, equipment, chemicals, ferrous and nonferrous metals worth $1 468.7 million were imported for production in the country.
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