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

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

(standard presentation)
USD mln
Items January-March 2017 January-March 2018 January-March 2018
to January-March 2017, %
I. Current account -1,668.4 -2,900.7 173.9
1. Goods and services -1,314.4 -2,064.7 157.1
exports 3,109.9 3,529.0 113.5
imports 4,424.3 5,593.7 126.4
1.1. Goods -1,390.9 -2,230.2 160.3
exports (f.o.b.) 2,724.7 3,006.3 110.3
imports (f.o.b.) 4,115.6 5,236.5 127.2
1.2. Services 76.5 165.5 216.3
exports 385.2 522.7 135.7
imports 308.7 357.2 115.7
2. Primary income -424.8 -1,172.6 276.0
credit 142.6 138.8 97.3
debit 567.4 1,311.4 231.1
3. Secondary income 70.8 336.6 x
credit 252.6 539.2 213.5
debit 181.8 202.6 111.4
II. Capital account 0.1 0.1 100.0
credit 0.3 0.3 100.0
debit 0.2 0.2 100.0
Net lending (+) / net borrowing (-)
(balance from current and capital accounts)
-1,668.3 -2,900.6 173.9
III. Financial account
Net lending (+) / net borrowing (-)*
(from financial account)
65.7 -596.8 x
3.1. Direct investment -292.9 -722.8 246.8
Net acquisition of financial assets 10.5 10.2 97.1
Net incurrence of liabilities 303.4 733.0 241.6
3.2. Portfolio investment 2.6 71.3 x
Net incurrence of liabilities 2.8 14.6 x
Net incurrence of liabilities 0.2 -56.7 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 356.0 54.0 15.2
Net acquisition of financial assets -133.2 24.5 x
3.4.1. Other equity 0.0 0.0 x
3.4.2. Debt instruments -133.2 24.5 x
3.4.2.1. Central bank 6.7 -10.6 x
3.4.2.2. Deposit-taking corporations, except the central bank -135.5 -137.0 101.1
3.4.2.3. General government 0.0 0.0 x
3.4.2.4. Other sectors -4.4 172.1 x
Currency and deposits -16.3 -2.5 15.3
Credits and loans 6.2 17.1 275.8
Insurance, pension, and standardized guarantee schemes 0.0 0.0 x
Trade credit and advances 18.5 164.5 x
Other accounts receivable -12.8 -7.0 54.7
Net incurrence of liabilities -489.2 -29.5 6.0
3.4.1. Other equity 0.0 0.0 x
3.4.2. Debt instruments -489.2 -29.5 6.0
3.4.2.1. Central bank -0.3 -0.5 166.7
3.4.2.2. Deposit-taking corporations, except the central bank -626.5 181.4 x
3.4.2.3. General government 3.8 115.2 x
3.4.2.4. Other sectors 133.8 -325.6 x
Credits and loans 11.5 -20.1 x
Insurance, pension, and standardized guarantee schemes 0.0 0.0 x
Trade credit and advances 120.1 -306.1 x
Other accounts payable 2.2 0.6 27.3
3.5. Reserve assets 0.0 0.7 x
IV. Multilateral settlements, net errors and omissions 1,734.0 2,303.8 132.9

* 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)).