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Cross-Border Transactions of Individuals (Residents and Nonresidents) in Breakdown by Countries in Q2 2008

Transfers to the Russian Federation1
in favor of individuals, total in favor of resident individuals in favor of nonresident individuals
total amount of transactions,
millions of US dollars
average amount of one transaction, US dollars total amount of transactions,
millions of US dollars
average amount of one transaction, US dollars total amount of transactions,
millions of US dollars
average amount of one transaction, US dollars
Total 3,125 3,097 2,316 2,756 808 4,800
Non-CIS countries 2,628 4,925 1,912 4,248 716 8,573
of which2:
SWITZERLAND 581 38,040 487 37,064 94 44,011
UNITED STATES 293 2,516 206 2,093 88 4,774
CYPRUS 253 14,753 187 12,187 67 36,083
UNITED KINGDOM 237 8,209 137 5,547 100 23,960
GERMANY 166 2,839 130 2,533 36 5,043
AUSTRIA 109 14,918 92 14,712 17 16,136
LATVIA 84 4,106 59 3,313 25 9,509
NETHERLANDS 77 8,544 66 8,386 12 9,563
FRANCE 62 5,043 44 4,574 18 6,658
ITALY 50 1,821 33 1,437 17 3,803
TURKEY 37 2,382 15 1,256 22 6,240
ISRAEL 33 2,112 26 1,960 8 2,829
SPAIN 31 1,625 26 1,592 5 1,799
UNITED ARAB EMIRATES 31 2,725 24 2,589 7 3,396
LUXEMBOURG 28 35,557 16 25,356 12 72,717
CHINA, PR.: MAINLAND 27 3,355 16 2,398 12 7,150
CANADA 19 1,561 16 1,546 3 1,640
JAPAN 19 3,944 13 3,081 6 9,080
CZECH REPUBLIC 12 3,454 11 3,767 1 1,964
BULGARIA 8 4,210 7 4,573 1 2,286
CIS countries 497 1,046 405 1,036 92 1,088
KAZAKHSTAN 161 1,388 133 1,382 28 1,419
UZBEKISTAN 83 1,923 63 1,841 19 2,253
UKRAINE 82 464 70 480 12 391
ARMENIA, REPUBLIC OF 34 2,040 28 2,054 6 1,979
TAJIKISTAN 31 2,023 24 1,958 6 2,317
KYRGYZ REPUBLIC 30 1,713 25 1,751 5 1,534
GEORGIA 27 1,823 23 1,871 4 1,590
AZERBAIJAN, REPUBLIC OF 17 939 13 915 3 1,047
BELARUS 15 422 11 367 4 673
MOLDOVA 13 834 11 822 3 890
TURKMENISTAN 3 885 3 908 1 776
Transfers from the Russian Federation1
made by individuals, total made by resident individuals made by nonresident individuals
total amount of transactions,
millions of US dollars
average amount of one transacion, US dollars total amount of transactions,
millions of US dollars
average amount of one transacion, US dollars total amount of transactions,
millions of US dollars
average amount of one transacion, US dollars
Total 10,600 1,924 7,007 2,470 3,593 1,345
Non-CIS countries 7,179 11,420 5,339 11,453 1,840 11,327
of which2:
NETHERLANDS 1,268 401,710 1,254 549,929 14 15,716
CHINA, PR.: MAINLAND 1,002 11,901 243 4,891 759 21,985
UNITED STATES 559 9,487 403 9,111 156 10,623
SWITZERLAND 507 21,917 426 19,540 81 60,929
TURKEY 431 4,263 280 3,585 151 6,577
GERMANY 399 5,371 326 4,867 73 9,978
JAPAN 399 10,214 372 9,827 27 22,425
UNITED KINGDOM 249 17,058 200 18,272 49 13,390
ITALY 183 8,494 146 8,229 37 9,751
SPAIN 182 14,881 169 17,023 13 5,640
LUXEMBOURG 175 328,647 169 449,553 6 36,682
UNITED ARAB EMIRATES 149 15,733 113 15,675 36 15,919
BULGARIA 145 14,675 134 18,378 11 4,358
FRANCE 125 13,142 97 14,500 28 9,915
CYPRUS 120 29,745 101 30,374 19 26,787
CZECH REPUBLIC 105 12,248 88 14,532 17 6,769
AUSTRIA 105 17,364 94 18,052 11 13,133
LATVIA 96 7,292 69 7,831 27 6,207
CANADA 83 9,501 68 9,716 15 8,634
ISRAEL 76 6,101 44 6,277 32 5,874
CIS countries 3,421 701 1,668 704 1,753 698
UZBEKISTAN 697 735 330 734 367 735
TAJIKISTAN 609 621 287 628 323 616
UKRAINE 596 768 320 852 276 689
ARMENIA, REPUBLIC OF 338 929 161 930 177 928
KYRGYZ REPUBLIC 311 554 147 549 165 558
MOLDOVA 285 692 136 694 149 689
AZERBAIJAN, REPUBLIC OF 248 874 112 838 136 906
GEORGIA 214 662 113 545 101 870
KAZAKHSTAN 76 714 37 713 39 714
BELARUS 34 327 20 392 14 265
TURKMENISTAN 12 645 6 646 6 643
Balance3
total resident individuals nonresident individuals
total amount of transactions,
millions of US dollars
total amount of transactions,
millions of US dollars
total amount of transactions,
millions of US dollars
Total -7,475 -4,691 -2,784
Non-CIS countries -4,551 -3,427 -1,124
of which2:
NETHERLANDS -1,191 -1,189 -2
CHINA, PR.: MAINLAND -975 -227 -748
TURKEY -394 -265 -129
JAPAN -380 -359 -21
UNITED STATES -266 -198 -68
GERMANY -233 -196 -37
SPAIN -150 -143 -8
LUXEMBOURG -147 -154 7
BULGARIA -138 -127 -11
ITALY -133 -113 -20
UNITED ARAB EMIRATES -118 -89 -29
CZECH REPUBLIC -93 -78 -16
CANADA -64 -52 -12
FRANCE -63 -54 -10
ISRAEL -42 -18 -24
UNITED KINGDOM -12 -64 51
LATVIA -12 -10 -2
AUSTRIA 4 -2 6
SWITZERLAND 74 61 14
CYPRUS 133 86 48
CIS countries -2,924 -1,264 -1,660
UZBEKISTAN -614 -267 -348
TAJIKISTAN -578 -262 -316
UKRAINE -514 -250 -264
ARMENIA, REPUBLIC OF -304 -133 -170
KYRGYZ REPUBLIC -281 -121 -160
MOLDOVA -272 -125 -146
AZERBAIJAN, REPUBLIC OF -231 -98 -132
GEORGIA -187 -90 -97
BELARUS -19 -9 -10
TURKMENISTAN -9 -3 -6
KAZAKHSTAN 85 95 -10
1 Money transfers to Russia in favor of resident and nonresident individuals and money transfers from Russia of resident and nonresident individuals made via credit institutions (with/without opening an account) including remittances via money transfer operators and post offices.
2 Data on top 20 countries by turnover.
3 Negative balance reflects the excess of the amount of remittances from the Russian Federation over the amount of remittances to the Russian Federation.
Sources: Reports of the credit institutions “Data on Transfers of the Individuals from the Russian Federation and Transfers to the Russian Federation for the Benefit of the Individuals and Transactions of the Resident Individuals with the Non-residents on the Territory of the Russian Federation”, other reports of the credit institutions, reports of money transfer operators, and of the government post service Pochta Rossii.
Updated September 10, 2008.