Balance of Payments of the Republic of Belarus with the Russian Federation January-June 2018

According to the sixth edition of the Balance of Payments and International Investment Position Manual (IMF, 2009)

(standard presentation)
USD mln
Items January-June 2017 January-June 2018 January-June 2018
to January-June 2017, %
I. Current account -2,853.9 -4,723.4 165.5
1. Goods and services -2,597.6 -4,368.3 168.2
exports 6,807.5 7,316.3 107.5
imports 9,405.1 11,684.6 124.2
1.1. Goods -2,847.3 -4,715.9 165.6
exports (f.o.b.) 5,892.4 6,220.8 105.6
imports (f.o.b.) 8,739.7 10,936.7 125.1
1.2. Services 249.7 347.6 139.2
exports 915.1 1,095.5 119.7
imports 665.4 747.9 112.4
2. Primary income -394.9 -852.7 215.9
credit 297.6 310.2 104.2
debit 692.5 1,162.9 167.9
3. Secondary income 138.6 497.6 x
credit 542.5 973.5 179.4
debit 403.9 475.9 117.8
II. Capital account -1.0 0.5 x
credit 0.6 1.0 166.7
debit 1.6 0.5 31.3
Net lending (+) / net borrowing (-)
(balance from current and capital accounts)
-2,854.9 -4,722.9 165.4
III. Financial account
Net lending (+) / net borrowing (-)*
(from financial account)
847.1 -474.9 x
3.1. Direct investment -285.1 -409.7 143.7
Net acquisition of financial assets -0.9 9.6 x
Net incurrence of liabilities 284.2 419.3 147.5
3.2. Portfolio investment 0.0 169.2 x
Net incurrence of liabilities 0.0 12.7 x
Net incurrence of liabilities 0.0 -156.5 x
including: General Government 0.0 0.0 x
3.3. Financial derivatives 0.0 0.0 x
Net acquisition of financial assets 0.0 0.0 x
Net incurrence of liabilities 0.0 0.0 x
3.4. Other investment 1,132.2 -235.5 x
Net acquisition of financial assets 359.0 236.7 65.9
3.4.1. Other equity 0.0 0.0 x
3.4.2. Debt instruments 359.0 236.7 65.9
3.4.2.1. Central bank 251.0 -8.1 x
3.4.2.2. Deposit-taking corporations, except the central bank -82.8 -165.6 200.0
3.4.2.3. General government 0.0 0.0 x
3.4.2.4. Other sectors 190.8 410.4 215.1
Currency and deposits -25.0 -1.2 4.8
Credits and loans 22.9 22.6 98.7
Insurance, pension, and standardized guarantee schemes 0.0 0.0 x
Trade credit and advances 205.9 395.8 192.2
Other accounts receivable -13.0 -6.8 52.3
Net incurrence of liabilities -773.2 472.2 x
3.4.1. Other equity 0.0 0.0 x
3.4.2. Debt instruments -773.2 472.2 x
3.4.2.1. Central bank -0.5 -0.2 40.0
3.4.2.2. Deposit-taking corporations, except the central bank -610.0 346.1 x
3.4.2.3. General government 64.7 252.5 x
3.4.2.4. Other sectors -227.4 -126.2 55.5
Credits and loans 24.1 15.1 62.7
Insurance, pension, and standardized guarantee schemes 0.0 0.0 x
Trade credit and advances -252.7 -141.9 56.2
Other accounts payable 1.2 0.6 50.0
3.5. Reserve assets 0.0 1.1 x
IV. Multilateral settlements, net errors and omissions 3,702.0 4,248.0 114.7

* In the financial account the symbol "+" means increase of assets and liabilities, the symbol "-" their decrease (according to the sixth edition of the Balance of Payments and International Investment Position Manual (IMF, 2009)).