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.

Key information about Russia's Trade Balance

• Russia's Trade Balance recorded a surplus of 12.0 USD bn in Dec 2024, compared with a surplus of 14.3 USD bn in the previous month
• Russia's Trade Balance data is updated monthly, available from Jan 1998 to Dec 2024, with an averaged value of 12.0 USD bn
• The data reached an all-time high of 27.7 USD bn in Dec 2021 and a record low of 1.2 USD bn in Feb 1998

• In the latest reports, Russia's Total Exports reached 39.7 USD bn in Dec 2024, a decrease of 5.8% YoY (year-on-year)
• Total Imports recorded 27.6 USD bn in Dec 2024, an increase of 5.8% YoY (year-on-year)

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.

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 August of 2025.

Exports in Russia decreased to 33060 USD Million in April from 34559 USD Million in March of 2025. This dataset provides - Russia Exports - 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 *** 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.

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.

China Exports to Russia was US$115.28 Billion during 2024, according to the United Nations COMTRADE database on international trade. China Exports to Russia - data, historical chart and statistics - was last updated on July of 2025.

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

Russia Foreign Trade Turnover: CIS Countries data was reported at 6.678 USD bn in Jan 2022. This records a decrease from the previous number of 10.218 USD bn for Dec 2021. Russia Foreign Trade Turnover: CIS Countries data is updated monthly, averaging 5.778 USD bn from Jan 1998 (Median) to Jan 2022, with 289 observations. The data reached an all-time high of 12.034 USD bn in Dec 2011 and a record low of 1.295 USD bn in May 1999. Russia Foreign Trade Turnover: CIS Countries data remains active status in CEIC and is reported by Federal Customs Service. The data is categorized under Global Database’s Russian Federation – Table RU.JAA001: Foreign Trade: Summary: Federal Customs Service. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.

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.

Poland Exports to Russia was US$2.96 Billion during 2024, according to the United Nations COMTRADE database on international trade. Poland Exports to Russia - data, historical chart and statistics - was last updated on July of 2025.

Graph and download economic data for International Merchandise Trade Statistics: Trade Balance: Commodities for Russia (XTNTVA01RUM664S) from Jun 1992 to Apr 2025 about Russia, trade, Net, and goods.

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;;

Key information about Russia Total Exports

• Russia Total Exports recorded 39.7 USD bn in Dec 2024, compared with 39.8 USD bn in the previous month
• Russia Total Exports data is updated monthly, available from Jan 1998 to Dec 2024, with an averaged value of 29.5 USD bn
• The data reached an all-time high of 57.2 USD bn in Dec 2021 and a record low of 4.4 USD bn in Jan 1999

• In the latest reports, Russia Total Exports dropped 0.2 % YoY in Dec 2024
• Total Imports recorded 27.6 USD bn in Dec 2024, which registered an increase of 5.8 % year on year
• Russia Trade Balance recorded a surplus of 12.0 USD bn in Dec 2024

Russia RU: Trade Balance: Advanced Economies: Netherlands data was reported at 9.892 USD bn in Mar 2018. This records an increase from the previous number of 8.204 USD bn for Dec 2017. Russia RU: Trade Balance: Advanced Economies: Netherlands data is updated quarterly, averaging 4.480 USD bn from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 19.690 USD bn in Jun 2012 and a record low of -133.146 USD mn in Dec 2001. Russia RU: Trade Balance: Advanced Economies: Netherlands 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: Quarterly.

Graph and download economic data for International Trade: Net Trade: Value (Goods): Total for Russia (RUSXTNTVA01STSAQ) from Q1 2003 to Q3 2021 about Russia and trade.

Russia Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: (Old)Yemen Arab Republic data was reported at 0.000 USD mn in Dec 2024. This stayed constant from the previous number of 0.000 USD mn for Sep 2024. Russia Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: (Old)Yemen Arab Republic data is updated quarterly, averaging 0.000 USD mn from Mar 2022 (Median) to Dec 2024, with 12 observations. The data reached an all-time high of 0.000 USD mn in Dec 2024 and a record low of 0.000 USD mn in Dec 2024. Russia Trade Balance: Emerging and Developing Economies: Middle East, North Africa, and Pakistan: (Old)Yemen Arab Republic 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: Quarterly.

Japan Imports from Russia was US$5.68 Billion during 2024, according to the United Nations COMTRADE database on international trade. Japan Imports from Russia - data, historical chart and statistics - was last updated on August of 2025.

Poland Exports: Year to Date: Russia data was reported at 652.972 PLN mn in Jan 2025. This records a decrease from the previous number of 11,769.299 PLN mn for Dec 2024. Poland Exports: Year to Date: Russia data is updated monthly, averaging 8,961.802 PLN mn from Dec 1999 (Median) to Jan 2025, with 288 observations. The data reached an all-time high of 36,537.942 PLN mn in Dec 2021 and a record low of 435.619 PLN mn in Jan 2004. Poland Exports: Year to Date: Russia data remains active status in CEIC and is reported by Statistics Poland. The data is categorized under Global Database’s Poland – Table PL.JA002: Trade Statistics: ytd: by Main Trade Partner.