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Reconciliation of 2012 Merchandise Trade Data of the Russian Federation Compiled under Balance of Payments Methodology in Accordance with the 6th Edition of the Balance of Payments and International Investment Position Manual (BPM6) vis-à-vis the 5th Edition of the Balance of Payments Manual (BPM5) Data

millions of US dollars

Q1 2012 Q2 2012 Q3 2012 Q4 2012 2012
BPM6 BPM5 change BPM6 BPM5 change BPM6 BPM5 change BPM6 BPM5 change BPM6 BPM5 change
Balance on trade in goods 58,791 59,385 -594 49,280 49,785 -505 38,181 38,907 -726 45,411 45,975 -564 191,663 194,052 -2,389
Exports of goods (FOB) 131,033 132,516 -1,483 131,185 132,232 -1,047 125,205 126,332 -1,127 140,011 140,708 -697 527,434 531,788 -4,354
General exports on balance of payments basis 130,966 132,291 -1,325 131,131 132,029 -898 125,251 126,179 -928 139,374 140,415 -1,041 526,722 530,914 -4,192
Exports, customs statistics data 131,193 131,193 0 129,857 129,857 0 124,913 124,913 0 138,735 138,735 0 524,698 524,698 0
Adjustments, balance of payments methodology -227 1,098 -1,325 1,274 2,172 -898 338 1,266 -928 640 1,680 -1,040 2,024 6,216 -4,192
Goods procured in ports by carriers 1,053 1,053 0 1,328 1,328 0 1,403 1,403 0 1,598 1,598 0 5,382 5,382 0
Fish and other sea products caught on the high seas and sold abroad directly 472 472 0 483 483 0 407 407 0 372 372 0 1,735 1,735 0
FOB adjustment -2,019 -2,019 0 -1,773 -1,773 0 -1,675 -1,675 0 -2,024 -2,024 0 -7,491 -7,491 0
Goods sent abroad for processing in other economies* -571   -571 -126   -126 -114   -114 -132   -132 -944   -944
Goods returned after processing in Russia* -1,272   -1,272 -1,305   -1,305 -1,378   -1,378 -1,742   -1,742 -5,697   -5,697
Goods sold abroad after processing in other economies 13 X 13 16 X 16 14 X 14 13 X 13 56 X 56
Goods sold to nonresidents for processing in Russia 15 X 15 9 X 9 3 X 3 5 X 5 32 X 32
Other goods sold without crossing the border of Russia 514 X 514 540 X 540 583 X 583 846 X 846 2,483 X 2,483
Humanitarian aid (other than recorded in customs statistics) 13 13 0 12 12 0 42 42 0 8 8 0 75 75 0
Migrants’ property X 23 -23 X 31 -31 X 36 -36 X 31 -31 X 122 -122
Other 1,556 1,556 0 2,090 2,090 0 1,053 1,053 0 1,695 1,695 0 6,393 6,393 0
Repairs on goods X 225 -225 X 203 -203 X 153 -153 X 293 -293 X 874 -874
Net exports of goods under merchanting 67 X 67 55 X 55 -46 X -46 637 X 637 712 X 712
Goods acquired under merchanting -3,154 X -3,154 -4,668 X -4,668 -4,380 X -4,380 -3,711 X -3,711 -15,913 X -15,913
Goods sold under merchanting 3,221 X 3,221 4,723 X 4,723 4,334 X 4,334 4,347 X 4,347 16,625 X 16,625
Imports of goods (FOB) 72,242 73,131 -889 81,906 82,447 -541 87,024 87,425 -401 94,600 94,733 -133 335,771 337,736 -1,965
General imports on balance of payments basis 72,242 72,976 -734 81,906 82,250 -344 87,024 87,228 -204 94,600 94,525 75 335,771 336,979 -1,208
Imports, customs statistics data 68,864 68,864 0 77,120 77,120 0 81,964 81,964 0 89,229 89,229 0 317,177 317,177 0
Adjustments, balance of payments methodology 3,378 4,112 -734 4,785 5,130 -345 5,060 5,264 -204 5,371 5,296 75 18,594 19,802 -1,208
Goods procured in ports by carriers 544 544 0 683 683 0 750 750 0 820 820 0 2,797 2,797 0
CIF / FOB adjustment -2,576 -2,576 0 -3,037 -3,037 0 -3,118 -3,118 0 -3,411 -3,411 0 -12,142 -12,142 0
Goods received for processing in Russia* -520   -520 -715   -715 -452   -452 -569   -569 -2,256   -2,256
Goods returned after processing in other economies* -823   -823 -249   -249 -304   -304 -239   -239 -1,616   -1,616
Goods acquired from other economies for processing abroad 48 X 48 64 X 64 65 X 65 61 X 61 238 X 238
Goods acquired from nonresidents after processing in Russia 9 X 9 8 X 8 5 X 5 6 X 6 28 X 28
Other goods acquired without crossing the border of Russia 566 X 566 533 X 533 470 X 470 821 X 821 2,390 X 2,390
Vehicles imported by individuals (other than recorded in customs statistics) 498 448 50 812 731 81 805 724 81 638 574 64 2,753 2,478 275
Humanitarian aid (other than recorded in customs statistics) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Migrants’ property X 64 -64 X 67 -67 X 68 -68 X 69 -69 X 267 -267
Other 5,632 5,632 0 6,686 6,686 0 6,840 6,840 0 7,244 7,244 0 26,402 26,402 0
Repairs on goods X 155 -155 X 197 -197 X 197 -197 X 208 -208 X 757 -757

X — Items which are to be included or excluded from the balance on trade in goods with the transfer from BPM5 to BPM6 methodology.
* As the Reconciliation Table shows, goods sent/returned for/after processing in Russia/abroad, which have been reported by the customs, are excluded from merchandise exports/imports under BPM6. Under BPM5, such goods were reclassified from one exports/imports sub-category to the other, remaining within exports/imports totals.
Updated April 10, 2014.