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.

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.

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.

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.

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.

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 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.

Ukraine Exports to Russia was US$21.04 Million during 2024, according to the United Nations COMTRADE database on international trade. Ukraine Exports to Russia - data, historical chart and statistics - was last updated on July of 2025.

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.

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 International Merchandise Trade Statistics: Trade Balance: Commodities for Russia (RUSXTNTVA01NCMLM) from Jun 1992 to Apr 2025 about Russia and trade.

Graph and download economic data for International Merchandise Trade Statistics: Imports: Commodities for Russia (RUSXTIMVA01NCMLQ) from Q3 1992 to Q1 2025 about Russia, imports, and trade.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Russia (XTEXVA01RUQ659S) from Q1 1992 to Q1 2025 about Russia, exports, trade, and goods.

Annual U.S. exports to Russia reached roughly 600 million U.S. dollars in 2023, having declined by 64 percent from the previous year and by 91 percent from 2021. Furthermore, the value of U.S. imports from Russia decreased to 4.57 billion U.S. dollars in 2023. On a monthly basis, the U.S. exported the lowest value of goods to Russia in January 2024, at 30 million U.S. dollars.

Russia Foreign Trade Balance: Central Bank: Non CIS Countries data was reported at 18.595 USD bn in Jan 2022. This records a decrease from the previous number of 22.838 USD bn for Dec 2021. Russia Foreign Trade Balance: Central Bank: Non CIS Countries data is updated monthly, averaging 8.036 USD bn from Jan 1997 (Median) to Jan 2022, with 301 observations. The data reached an all-time high of 22.838 USD bn in Dec 2021 and a record low of -395.000 USD mn in Feb 1998. Russia Foreign Trade Balance: Central Bank: Non CIS Countries data remains active status in CEIC and is reported by Bank of Russia. The data is categorized under Russia Premium Database’s Foreign Trade – Table RU.JAA002: Foreign Trade: Summary: Central Bank: Goods. Data release delayed due to the Ukraine-Russia conflict. No estimation on next release date can be made.

Graph and download economic data for Sales: Retail Trade: Total Retail Trade: Volume for Russia (RUSSLRTTO01GPSAM) from Jan 1995 to Dec 2018 about Russia, trade, retail trade, sales, and retail.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Russia (XTEXVA01RUM657S) from Feb 1991 to Apr 2025 about Russia, exports, trade, and goods.

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 July of 2025.

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;;