Russia recorded a trade surplus of 13600 USD Million in September of 2025. This dataset provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the trade surplus of goods in Russia amounted to about ****** billion U.S. dollars, having sharply decreased from the previous year. The indicator is calculated as exports minus imports of goods. A positive value means a trade surplus; a negative trade balance means a trade deficit. Russia's politics and the effect on the economy Russia has maintained a positive trade balance over the last 10 years, but in 2009, Russian exports slumped significantly due to the economic crisis. Since then, Russia has recovered and the country reports a greater surplus now than it did prior to the crisis. However, Russia’s economy has been weakened recently because of reductions in global oil and gas prices, upon which the Russian economy is largely dependent, and because of international tensions as a result of Russia's invasion of Ukraine. In the past couple of years, Russia has often reacted with hostility to any developments seen as threatening, and as Russia continues to provoke international conflict, this will affect its economy and likely hurt existing trade relations with both import and export partners. As a result, GDP growth was negative in 2015. This has also contributed to significant reductions in GDP per capita, which will directly affect Russian citizens, and more so as Russia’s inflation is peaking, and the unemployment rate continues to rise. In 2015, the inflation rate was close to ** percent. Economic diversification beyond oil and gas in addition to maintaining trade relations would help Russia’s economy.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Russia (XTNTVA01RUM667S) from Jan 1991 to Dec 2024 about Russia, trade, Net, and goods.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Russia (XTNTVA01RUQ667N) from Q1 1991 to Q3 2025 about Russia, trade, Net, and goods.

The exports of goods from Russia to China stood at around 129 billion U.S. dollars in 2024, marking an increase compared to the previous year. Russian merchandise imports from China have increased significantly in value since 2022, reaching nearly 116 billion U.S. dollars in 2024. The trade balance of Russia with China already became positive in 2018 for the first time since 2006. Trade in Russia China was the leading export destination of Russian commodities as well as the major import partner of the country as of 2023. Turkey 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.

The statistic shows the trade balance of services (exports minus imports of services) in Russia from 2014 to 2024. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2024, the trade deficit of services in Russia amounted to about ***** billion U.S. dollars.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Russia (XTNTVA01RUQ667S) from Q1 1991 to Q2 2025 about Russia, trade, Net, and goods.

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.

Russia: Trade balance, billion USD: The latest value from 2024 is 94.9 billion U.S. dollars, an increase from 85.52 billion U.S. dollars in 2023. In comparison, the world average is 4.90 billion U.S. dollars, based on data from 109 countries. Historically, the average for Russia from 1994 to 2024 is 92.97 billion U.S. dollars. The minimum value, 8.21 billion U.S. dollars, was reached in 1997 while the maximum of 293.49 billion U.S. dollars was recorded in 2022.

Monthly and long-term Russia Trade data: historical series and analyst forecasts curated by FocusEconomics.

Historical dataset showing Russia trade balance by year from 1989 to 2023.

Russia RU: Trade Balance: Services: USD: Lithuania data was reported at -193.400 USD mn in 2019. This records a decrease from the previous number of 26.800 USD mn for 2018. Russia RU: Trade Balance: Services: USD: Lithuania data is updated yearly, averaging 26.800 USD mn from Dec 2009 (Median) to 2019, with 11 observations. The data reached an all-time high of 241.200 USD mn in 2013 and a record low of -193.400 USD mn in 2019. Russia RU: Trade Balance: Services: USD: Lithuania data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Russian Federation – Table RU.OECD.TISP: Trade in Services: Trade Balance: USD: by Country: Non OECD Member: Annual.

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; Pearls, precious stones, metals, coins and Iron and steel. Total Imports were valued at US$293.50 Billion. In 2021, Russia had a trade surplus of US$198.82 Billion.

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.

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 *** 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 *** 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 ** billion U.S. dollars — roughly ** 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.

Russia RU: Trade Balance: Advanced Economies: Malta data was reported at 2.453 USD bn in 2017. This records an increase from the previous number of 2.171 USD bn for 2016. Russia RU: Trade Balance: Advanced Economies: Malta data is updated yearly, averaging 129.609 USD mn from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 4.033 USD bn in 2013 and a record low of -43.400 USD mn in 1993. Russia RU: Trade Balance: Advanced Economies: Malta data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.DOT: Trade Balance: by Country: Annual.

Russia RU: Trade Balance: Advanced Economies: Japan data was reported at 2.862 USD bn in 2017. This records an increase from the previous number of 2.700 USD bn for 2016. Russia RU: Trade Balance: Advanced Economies: Japan data is updated yearly, averaging 1.493 USD bn from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 8.937 USD bn in 2014 and a record low of -7.998 USD bn in 2008. Russia RU: Trade Balance: Advanced Economies: Japan data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.DOT: Trade Balance: by Country: Annual.

Russia RU: Trade Balance: Services: USD: Kuwait data was reported at -0.300 USD mn in 2019. This records a decrease from the previous number of 5.700 USD mn for 2018. Russia RU: Trade Balance: Services: USD: Kuwait data is updated yearly, averaging 0.400 USD mn from Dec 2009 (Median) to 2019, with 11 observations. The data reached an all-time high of 5.700 USD mn in 2018 and a record low of -4.500 USD mn in 2014. Russia RU: Trade Balance: Services: USD: Kuwait data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Russian Federation – Table RU.OECD.TISP: Trade in Services: Trade Balance: USD: by Country: Non OECD Member: Annual.

Time series data for the statistic Trade_Balance_Russian_Federation_with_Portugal. Indicator Definition:Goods, Value of Trade Balance, US DollarsThe indicator "Goods, Value of Trade Balance, US Dollars" stands at 6.47 Million as of 5/31/2025, the highest value since 1/31/2025. Regarding the One-Year-Change of the series, the current value constitutes an increase of 9.36 Million compared to the value the year prior.The Serie's long term average value is 13.63 Million. It's latest available value, on 5/31/2025, is -7.16 Million lower, compared to it's long term average value.The Serie's change from it's minimum value, on 3/31/2014, to it's latest available value, on 5/31/2025, is +59.98 Million.The Serie's change from it's maximum value, on 8/31/2007, to it's latest available value, on 5/31/2025, is -327.70 Million.

Russia RU: Trade Balance: Other Countries Not Elsewhere Classified: Cuba data was reported at 262.994 USD mn in 2017. This records an increase from the previous number of 179.083 USD mn for 2016. Russia RU: Trade Balance: Other Countries Not Elsewhere Classified: Cuba data is updated yearly, averaging 40.094 USD mn from Dec 1992 (Median) to 2017, with 26 observations. The data reached an all-time high of 262.994 USD mn in 2017 and a record low of -441.200 USD mn in 1992. Russia RU: Trade Balance: Other Countries Not Elsewhere Classified: Cuba data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Russian Federation – Table RU.IMF.DOT: Trade Balance: by Country: Annual.