Russia recorded a trade surplus of 7466 USD Million in August 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.

Graph and download economic data for International Merchandise Trade Statistics: Exports: Commodities for Russia (XTEXVA01RUQ664S) from Q3 1992 to Q2 2025 about Russia, trade, exports, and goods.

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)

Exports in Russia decreased to 31527 USD Million in August from 38027 USD Million in July of 2025. This dataset provides - Russia Exports - 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 Trade: Net Trade: Value (Goods): Total for Russia (RUSXTNTVA01STSAQ) from Q1 2003 to Q3 2021 about Russia and trade.

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.

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.

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 October of 2025.

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 September of 2025.

The annual trade revenue between Russia and countries located on the African continent reached **** billion U.S. dollars in 2024, having increased from the previous year. Furthermore, the revenue from Russian exports from and imports into the region more than doubled between 2013 and 2018. Russia's leading trade partner on the continent was Egypt.

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

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 October of 2025.

Among the countries located on the African continent, Russia's leading trade partner in 2022 was Egypt. The revenue from Russian exports from and imports into Egypt reached approximately *** billion U.S. dollars. The total revenue of Russia from trade with African countries exceeded ** billion U.S. dollars in 2021.

Key information about Russia Total Exports to USA

• Russia Total Exports to USA recorded 968.400 USD mn in Jan 2022, compared with 1.659 USD bn in the previous Dec 2021
• Russia Total Exports to USA data is updated monthly, available from Mar 2004 to Jan 2022, with an averaged value of 888.900 USD mn
• The data reached an all-time high of 2.108 USD bn in Jul 2021 and a record low of 408.500 USD mn in Apr 2004

Russia: Trade balance as percent of GDP: The latest value from 2024 is 4.33 percent, an increase from 4.15 percent in 2023. In comparison, the world average is -3.07 percent, based on data from 134 countries. Historically, the average for Russia from 1989 to 2024 is 7.96 percent. The minimum value, 0.22 percent, was reached in 1990 while the maximum of 20.03 percent was recorded in 2000.

Turkey Exports: Russia data was reported at 8,562,122.482 USD th in 2024. This records a decrease from the previous number of 10,906,585.102 USD th for 2023. Turkey Exports: Russia data is updated yearly, averaging 5,140,536.238 USD th from Dec 2013 (Median) to 2024, with 12 observations. The data reached an all-time high of 10,906,585.102 USD th in 2023 and a record low of 1,792,916.121 USD th in 2016. Turkey Exports: Russia data remains active status in CEIC and is reported by Turkish Statistical Institute. The data is categorized under Global Database’s Turkey – Table TR.JA008: General Trade System: Exports: by Top Trading Partner.

European Union Exports to Russia was US$34.01 Billion during 2024, according to the United Nations COMTRADE database on international trade. European Union Exports to Russia - data, historical chart and statistics - was last updated on October of 2025.