In 2024, around ****** billion U.S. dollars worth of goods were imported into Russia. That was approximately **** percent less than in the previous year. Trade in Russia The value of goods imported to Russia dropped in 2014, likely due to a trade ban imposed on U.S. and European agricultural goods in the aftermath of the Ukraine invasion and subsequent European sanctions against Russia. The ban impacted a range of European countries; among the most affected were Germany and the United States, Russia’s second and third most important import partners respectively. The total value of U.S. exports to Russia also dropped in 2014. However, the extent of sanctions from Europe is limited, considering most of Europe is highly dependent on Russian gas. Furthermore, Germany being one of Russia’s biggest import partners makes the country especially reluctant to take a strong stance against Russia’s aggressive actions. Therefore, while the total value of Russian imports have dropped somewhat, the majority of trade continues per usual, despite increasing tensions between Russia and the west. Meanwhile, Russia is strengthening its relations with China, its most important import partner. Yet, while intentions to increase trade with China exist, trade figures have actually decreased. Results show that sanctions and bans on imports may affect Russian trade, but the extent to which they will have an impact on business as usual may be limited given the level of dependence on trade between Europe and Russia.

Russia's total Exports in 2021 were valued at US$492.31 Billion, according to the United Nations COMTRADE database on international trade. Russia's main export partners were: China, the Netherlands and Germany. The top three export commodities were: Mineral fuels, oils, distillation products; Commodities not specified according to kind and Pearls, precious stones, metals, coins. Total Imports were valued at US$293.50 Billion. In 2021, Russia had a trade surplus of US$198.82 Billion.

In 2024, about ****** billion U.S. dollars worth of goods were exported from Russia. The export value decreased by around **** percent from the previous year.

Graph and download economic data for U.S. Imports of Goods by Customs Basis from Russia (IMP4621) from Jan 1992 to May 2025 about Russia, imports, goods, and USA.

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.

Graph and download economic data for U.S. Exports of Goods by F.A.S. Basis to Russia (EXP4621) from Jan 1992 to May 2025 about Russia, exports, goods, and USA.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Russia (XTIMVA01RUM659S) from Jan 1992 to Apr 2025 about Russia, imports, trade, and goods.

Key information about Russia Total Trade of Goods and Services: % of Nominal GDP

• Russia Total Trade of Goods & Services: % of Nominal GDP recorded 39.834 % in Sep 2024, compared with 40.094 % in the previous quarter.
• Russia Total Trade of Goods & Services: % of Nominal GDP data is updated quarterly, available from Mar 1995 to Sep 2024, with an averaged value of 49.751 %.
• The data reached an all-time high of 74.511 % in Mar 2000 and a record low of 36.769 % in Sep 2022.

CEIC calculates quarterly Total Trade of Goods and Services as % of Nominal GDP from quarterly Total Trade of Goods and Services and quarterly Nominal GDP. Federal State Statistics Service provides Total Trade of Goods and Services in local currency and Nominal GDP in local currency, both based on SNA 2008. Total Trade of Goods and Services as % of Nominal GDP prior to Q1 2011 is calculated from Nominal GDP and Total Trade of Goods and Services both based on SNA 1993.

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.

Key information about Russia Imports: ICT Goods

• Russia Imports: ICT Goods was reported at 29,321,187.470 USD th in Dec 2021
• This records an increase from the previous number of 24,014,874.420 USD th for Dec 2020
• Russia Imports: ICT Goods data is updated yearly, averaging 18,475,529.530 USD th from Dec 2000 to 2021, with 22 observations
• The data reached an all-time high of 29,321,187.470 USD th in 2021 and a record low of 1,245,904.508 USD th in 2000
• Russia Imports: ICT Goods data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.ICT: ICT Goods: Total: Import Value

In April 2025, the value of U.S. merchandise imports from Russia exceeded the exports to the country by around ***** million U.S. dollars. To compare, in the previous month, the negative trade balance was measured at approximately ***** million U.S. dollars. Exports of goods from the U.S. to Russia sharply decreased in March 2022 due to the trade sanctions imposed on Russia over its invasion of Ukraine. In total, over the course of 2024, the U.S. exported goods worth around *** billion U.S. dollars to Russia.

This graph shows the growth in the U.S. export volume of trade goods to Russia from 1992 to 2023. In 2023, U.S. exports to Russia amounted to about 600 million U.S. dollars. RussiaRussia is the largest country in the world, with a combined land and water area of about 17 million square kilometers between their borders. It covers more than one-eighth of the Earth's inhabited land area. It is larger than Antarctica (14 million square kilometers) and larger than all of Europe (10.5 million square kilometers). In comparison to the country’s huge land mass, the population of Russia is rather minute; with a population of only about 144 million, which comes down to a population density of 8.4 inhabitants per square kilometer. Population density in the United States, which is the fourth largest country in the world, has about 33 inhabitants per sqkm. The Russian population is relatively concentrated around the big metropolitan areas of the country. About 75 percent of Russians live in an urban area. Moscow, the capital of Russia, has about 12 million inhabitants. The greater Moscow metropolitan area has about 16 million inhabitants and is the fifteenth largest metro area in the world. Most of the Russian population lives in the part of the country that is part of the European continent. About 74 percent of all Russians live west of the Ural on an area that encompasses only 23 percent of Russia's total land area.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Russia (XTEXVA01RUQ657S) from Q2 1991 to Q1 2025 about Russia, exports, trade, and goods.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Russia (XTIMVA01RUQ664S) from Q3 1992 to Q1 2025 about Russia, imports, trade, and goods.

Key information about Russia Exports: ICT Goods

• Russia Exports: ICT Goods was reported at 2,563,595.237 USD th in Dec 2021
• This records an increase from the previous number of 1,712,901.397 USD th for Dec 2020
• Russia Exports: ICT Goods data is updated yearly, averaging 1,056,880.888 USD th from Dec 2000 to 2021, with 22 observations
• The data reached an all-time high of 3,966,664.518 USD th in 2014 and a record low of 284,353.982 USD th in 2001
• Russia Exports: ICT Goods data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.ICT: ICT Goods: Total: Export Value

Exports of goods and services (annual % growth) in Russia was reported at --13.89 % in 2022, according to the World Bank collection of development indicators, compiled from officially recognized sources. Russia - Exports of goods and services (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.

Imports of goods and services occupied 18.75 percent of the Russian gross domestic product (GDP) in 2023, having increased by around 3.5 percentage points from the previous year. To compare, the share of exports in the country's GDP was measured at 23.1 percent.

The exports of goods from Russia to China stood at around 69 billion U.S. dollars in 2021, marking an increase compared to the previous year. Russian merchandise imports into China gradually have increased in value since 2015, reaching nearly 72.7 billion U.S. dollars in 2021. Over the observed period, the trade balance of Russia with China was positive only in 2018 in 2019.

Trade in Russia

China was the leading export destination of Russian commodities as well as the major import partner of the country as of 2021. Germany listed in the third place by export value and ranked as the second largest origin of imports to the country over the same period. Russia is one of the leading exporters of goods worldwide. Fuels, minerals, and energy products are its major export commodity groups.

Russian trade in times of coronavirus

The coronavirus (COVID-19) pandemic affected all segments of the Russian economy, including international trade. Nonetheless, in February 2020, certain agricultural product exports from Russia to China experienced a positive growth. The especially significant increase was recorded for fish products at over 50 percent year-on-year. Further up-to-date statistics and facts about trade in Russia can be found in a dedicated topic page.

Consumer Basket of Goods and Services: Value: CF: Moscow Region data was reported at 27,823.880 RUB in Feb 2025. This records an increase from the previous number of 27,627.940 RUB for Jan 2025. Consumer Basket of Goods and Services: Value: CF: Moscow Region data is updated monthly, averaging 11,429.565 RUB from Jan 2002 (Median) to Feb 2025, with 278 observations. The data reached an all-time high of 27,823.880 RUB in Feb 2025 and a record low of 2,843.250 RUB in Jan 2002. Consumer Basket of Goods and Services: Value: CF: Moscow Region data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Russia Premium Database’s Inflation – Table RU.IA028: Consumer Basket of Goods and Services: Value: by Region.

Key information about Russia Exports: Medicinal and Pharmaceutical Product

• Russia Exports: Medicinal and Pharmaceutical Product was reported at 1,028,618.230 USD th in Dec 2023
• This records an increase from the previous number of 940,885.576 USD th for Dec 2022
• Russia Exports: Medicinal and Pharmaceutical Product data is updated yearly, averaging 88,336.344 USD th from Dec 1995 to 2023, with 29 observations
• The data reached an all-time high of 1,692,571.509 USD th in 2021 and a record low of 49,804.151 USD th in 2001
• Russia Exports: Medicinal and Pharmaceutical Product data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Pharmaceutical and Biotechnology Sector – Table RT.UNCTAD.MPP: Medicinal and Pharmaceutical Product: Exports Value by Individual Economies and Territories