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United States Imports from Russia was US$3.27 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Russia - data, historical chart and statistics - was last updated on July of 2025.
This graph shows the growth in the U.S. import volume of trade goods from Russia from 1992 to 2023. In 2023, U.S. imports from Russia amounted to approximately 4.57 billion U.S. dollars. RussiaRussia's foreign trade balance of goods generated a surplus of about 187 billion U.S. dollars, with more resulting from exports than imports in 2014. Russia exported trade goods valued about 418.8 billion U.S. dollars in 2019. In a global ranking of national exports, Russia was sixteenth. Leading exporters like China, the United States, and Germany are exporting goods worth between 1.5 and 2.5 trillion U.S. dollars. The placement of Russia’s export ranking is linear with its placement on the ranking of the biggest economies in the world. Russia had the eleventh largest GDP worldwide with about 1.6 trillion U.S. dollars in 2019. Russia's most important export countries are mostly its direct neighbors, like China, Ukraine, Belarus, Poland, and Kazakhstan. About 35 percent of all exports go to neighboring countries. China is the most important country within the aforementioned nations, which takes about 8 percent of Russia's exported goods. The United States are not among the top ten. The nation sits in twelfth place of Russia's export destinations, with about three percent. The products exported from Russia are unsurprisingly mainly mineral products and metals, with crude and refined petroleum making up for 54 percent of all exports. The main export product apart from resources is wheat. Exported wheat from Russia was valued at about 6.2 billion U.S. dollars in 2012. Russia is one of the principal wheat exporters. Although the development of Russia's exports has been somewhat positive in recent years, the political crisis with the Ukraine, resulting in economic sanctions applied by important trade countries like Germany, the EU, the United States and many others, might have dampened foreign trade altogether. The result was a negative growth in exports of about five percent in 2014.
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Russia Exports to United States was US$17.75 Billion during 2021, according to the United Nations COMTRADE database on international trade. Russia Exports to United States - data, historical chart and statistics - was last updated on July of 2025.
Fertilizers were the most-imported commodity to the U.S. from Russia in the first 11 months of 2024, with a value of almost one billion U.S. dollars, followed by non-ferrous metals and inorganic chemicals. The U.S. banned oil imports from Russia in March 2022, and existing deals were to end in the following month.
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Russia recorded a trade surplus of 8720 USD Million in May of 2025. This dataset provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Russia's leading five export partners in 2023 were China, India, Turkey, Kazakhstan, and Brazil. The value of total exports from Russia to its major trade partner — China — exceeded 128 billion U.S. dollars. Trade between Russia and China China was not only the leading export destination of Russian commodities, but also the major import partner of the country. Prior to 2018, the value of Russian imports from China prevailed the Russian exports’ worth to the country. It was in 2018 when for the first time, the trade balance of Russia with China turned positive and amounted to about 3.8 billion U.S. dollars. Russia's primary export goods, mineral and energy products, were also the most imported commodities by China from the country. Russian trade with Europe Trade flows between Russia and the EU have been in decline over the past years. In 2023, the EU export value to Russia exceeded 38 billion U.S. dollars — roughly 12 billion U.S. dollars below the EU imports’ worth from Russia in that year. Germany was the major importer of Russian goods in the region.
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<ul style='margin-top:20px;'>
<li>Russia trade balance for 2022 was <strong>289.89 billion US dollars</strong>, a <strong>68.26% increase</strong> from 2021.</li>
<li>Russia trade balance for 2021 was <strong>172.28 billion US dollars</strong>, a <strong>127.26% increase</strong> from 2020.</li>
<li>Russia trade balance for 2020 was <strong>75.81 billion US dollars</strong>, a <strong>41.38% decline</strong> from 2019.</li>
</ul>External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
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Exports of goods, services and primary income (BoP, current US$) in Russia was reported at 500193570000 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Exports of goods, services and income (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.
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Russia Export Value Index data was reported at 144.638 2015=100 in 2021. This records an increase from the previous number of 97.644 2015=100 for 2020. Russia Export Value Index data is updated yearly, averaging 88.909 2015=100 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 155.017 2015=100 in 2012 and a record low of 21.804 2015=100 in 1998. Russia Export Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Trade Index. Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.;United Nations Conference on Trade and Development;;
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ICT service exports (BoP, current US$) in Russia was reported at 2883556212 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - ICT service exports (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
Net trade in goods and services of Russian Federation plummeted by 70.58% from 293,494,039,236 US dollars in 2022 to 86,344,745,619 US dollars in 2023. Since the 125.42% surge in 2021, net trade in goods and services sank by 50.03% in 2023. Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.
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Graph and download economic data for Current Account Debit: Trade: Total Imports of Goods for the Russian Federation (DISCONTINUED) (BPDBTD01RUQ637N) from Q1 1994 to Q2 2012 about debit, current account, Russia, BOP, imports, trade, and goods.
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Exports of goods and services (current US$) in Russia was reported at 466604779915 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Exports of goods and services - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
Trade in services (% of GDP) of Russian Federation leapt by 10.18% from 5.3 % in 2022 to 5.8 % in 2023. Since the 5.55% drop in 2021, trade in services (% of GDP) sank by 18.39% in 2023. Trade in services is the sum of service exports and imports divided by the value of GDP, all in current U.S. dollars.
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Russia Import Value Index data was reported at 157.494 2015=100 in 2021. This records an increase from the previous number of 124.154 2015=100 for 2020. Russia Import Value Index data is updated yearly, averaging 99.370 2015=100 from Dec 1995 (Median) to 2021, with 27 observations. The data reached an all-time high of 176.806 2015=100 in 2013 and a record low of 20.483 2015=100 in 1999. Russia Import Value Index data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Russian Federation – Table RU.World Bank.WDI: Trade Index. Import value indexes are the current value of imports (c.i.f.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's import value indexes are reported for most economies.;United Nations Conference on Trade and Development;;
Net trade in goods of Russian Federation sank by 61.46% from 315,566,646,877 US dollars in 2022 to 121,617,353,762 US dollars in 2023. Since the 106.67% jump in 2021, net trade in goods plummeted by 37.02% in 2023. Net trade in goods is the difference between exports and imports of goods. Trade in services is not included. Data are in current U.S. dollars.
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Net trade in goods (BoP, current US$) in Russia was reported at 121617353762 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Net trade in goods (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.
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United States Exports to Russia was US$526.07 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Russia - data, historical chart and statistics - was last updated on July of 2025.
In 2023, China was the country with the highest trade surplus, with approximately ****** billion U.S. dollars. The leading trade nations Typically a trade surplus indicates a sign of economic success and a trade deficit indicates an economic weakness. However, if that were true, then the top four, China, Germany, Russia and Ireland, would be considered the best performing countries in the world. However, this would mean that the United States, Great Britain, India and France would be among the weakest nations considering that they are four countries with the highest trade deficit. In fact, they are leading industrial nations. While China is known for producing and exporting products at a competitive price, it has undervalued its exchange rate in order to promote exports. However, China is now working to reduce its reliance on exports even though they continue to export large and increasing quantities of goods. In the case of Germany, the value of the euro may not be high enough, however growth concerning the value of exports has slowed over the past few years. In contrast, the value of the dollar in the United States may be too high, favoring imports as opposed to exports.
In 2024, China's merchandise trade surplus amounted to around 992.2 billion U.S. dollars, significantly higher than in the previous year. The merchandise trade balance is the value of exported goods minus the value of imported goods. A positive value indicates a trade surplus, while a negative value indicates a trade deficit. Trade balance and partnersIn 2024, Chinese imports of goods amounted to approximately 2.59 trillion U.S. dollars, whereas total exports added up to about 3.58 trillion U.S. dollars. In contrast, China’s invisible trade balance, an indicator measuring services and government transfers between countries, closed with a deficit and ranged at about -92 billion U.S. dollars at the end of 2022. Being an economy heavily reliant on export, China ranked first among countries with the highest trade surplus, followed by Germany and Russia. The United States, with imports exceeding exports by approximately 1.15 trillion U.S. dollars that year, ranked first among leading import countries worldwide. In 2023, the value of the U.S. imports from China exceeded the exports to China by around 279.4 billion U.S. dollars. Another important trade partner for China is the European Union. In 2023, the EU imported around 514 billion euro-worth of goods from China, leading to a trade deficit of around 291 billion euros. Product categories with the highest trade deficit were mostly finished goods such as machinery and transport equipment, clothing, and other manufactures, whereas product categories with a more balanced trade sheet consisted of raw materials and agricultural products to a large extent.
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United States Imports from Russia was US$3.27 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Russia - data, historical chart and statistics - was last updated on July of 2025.