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 June of 2025.

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

Russia recorded a trade surplus of 9040 USD Million in April of 2025. This dataset provides - Russia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States Exports to Russia was US$526.07 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Exports to Russia - data, historical chart and statistics - was last updated on May of 2025.

In the crop year 2024/25, Russia's cereal imports were forecast to reach 0.57 million metric tons. The import volume of that commodity has decreased in recent years. Over the observed period, the highest cereal imports were recorded at over 2.7 million metric tons in the marketing year 2000/01. What cereals does Russia import and from where? The most-imported cereals in Russia are rice, corn, rye, and wheat. Russian wheat and meslin imports exceeded 123,000 metric tons in 2021. Imports of grains from Kazakhstan stood at over 157,000 metric tons in that year. Thus, that country was the leading origin of grain imports in Russia. Cereal import substitution in Russia Russian introduced a food embargo from the European Union, the United States as well as other Western countries in 2014. The country followed the import substitution path by increasing financial support to the agricultural sector and became the global leader in wheat exports, overtaking the U.S. and Canada. In 2023, Russia decreased food and agricultural product imports by nearly two percent compared to the previous year.

On January 1, 2025, the largest volume of Russian crude oil shipments went to India, at around ******* metric tons per day based on a 30-day running average. Since the beginning of 2022, the shipments to the European Union (EU) and the United States have decreased significantly. Both the EU and the U.S. imposed sanctions on oil imports from Russia in response to the invasion of Ukraine in 2022. The EU banned seaborne crude oil imports starting from December 5, 2022, while the U.S. banned all imports of oil and petroleum products from Russia on March 8, 2022. Existing deals had to be ended by April 22, 2022. Furthermore, the G7, the EU, and Australia imposed a price cap of 60 U.S. dollars per barrel from December 5, 2022, to reduce Russia's energy export revenue, which is one of its largest sources of income. Which countries started buying more oil from Russia? Faced with Western sanctions on Russian oil, Russia increased crude oil shipments to China, India, Turkey, Egypt, and the United Arab Emirates. In fact, China contributed the most to Russia's oil export revenue since the war in Ukraine, at approximately *** billion euros as of January 2025. However, the oil price ceiling imposed in December 2022 could make it more difficult for Russia to export to non-Western countries, too. This is because the policy also applies to tankers that belong to the sanctioning countries, as well as those insured or financed by them. For instance, Russian oil cannot be transported to Turkey for a price above the market cap if it is insured by EU or United Kingdom (UK) companies. How much does Russia earn from oil exports? Crude oil has traditionally been the main source of fuel and energy export revenue of Russia. Between February 24, 2022, and January 30, 2025, Russia earned around *** billion euros from oil exports, including crude oil and refined products. Over the same period, EU countries paid around *** billion euros for Russian oil.

Statistics illustrates the import volume of Sorghum in Russia from Jan 2019 to May 2025 by trade partner.

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 June of 2025.

The gross domestic product (GDP) of Russia reached nearly 2.2 trillion U.S. dollars in 2024, having increased from the previous year. In the period between 2025 and 2030, the country's economy was expected to continue growing. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Russian economy The Russian economy is primarily directed by both the private sector and the state. As a member of the BRIC, Russia is currently experiencing an accelerated growth within the economy with a chance of earning a place in the G7 economies. As of the 1990s, a large amount of the country’s industrial and agricultural sectors were privatized, however energy and military production remained with the state for the most part. Thus, the majority of Russian exports consisted of energy products as well as high-tech military equipment. The effects of the global financial crisis of 2008 took a similar toll on the Russian economy, however only had short-term effects. Russia recovered after two years and has since experienced exponential economic growth and productivity due to aggressive and prompt actions from the government, providing Russia with one of the most profitable economies in the world. Additionally, unemployment reached an all-decade low from the recent Russian economic boom, which furthermore implies that there is a slight growth in wages, however is also accompanied by a large worker shortage.

The euro and U.S. dollar made up more than ***** of 10 SWIFT payments worldwide in 2025, outperforming many other currencies. This is according to a monthly report meant to track the market share of China's yuan renminbi within the international bank transfer system SWIFT. Although China holds the largest forex reserves in the world, the yuan ranked as the ******-used currency in international payments. The figures concern customer-initiated and institutional payments and exclude trade. Discussions on the potential weakening role of the U.S. dollar especially touch world trade and forex. For example, the share of the USD in forex reserves declined visibly against the euro and Japanese yen in 2024. What sparked this de-dollarization trend, and will it continue? Trade sanctions and de-dollarization De-dollarization in 2024 is mentioned mostly alongside trade and the BRICS countries - an informal name given to Brazil, Russia, India, China, and South Africa. The combined GDP of BRICS is about ** percent of the world's economy. After the start of the Ukraine war and Russia received economic sanctions, the BRICS slowly evolved into a trading bloc. The group increasingly wanted its own currency to settle payments within the trade bloc, to avoid using the U.S. dollar. In August 2024, BRICS will gather in South Africa to discuss the creation of such a new joint currency. Additionally, ** countries - including Argentina, Algeria, Egypt, Saudi Arabia, Turkey, and Yemen - expressed interest in joining the BRICS group. CBDC, or projects into a digital payment settlement A factor of future uncertainty for the U.S. dollar is how central bank digital currencies (CBDC) develop in emerging countries. Several projects exist between individual countries that specifically target cross-border interbank payments. A cooperation between Thailand and Hong Kong, Inthanon-Lionrock, ranks as the most advanced of these projects. CBDC does not require the U.S. dollar to function. Tangible such as commodities or gold can back them. The value of transactions processed with CBDC is to grow by ******* percent between 2024 and 2030.

Russia Imports from United States was US$17.27 Billion during 2021, according to the United Nations COMTRADE database on international trade. Russia Imports from United States - data, historical chart and statistics - was last updated on June of 2025.

Russia exports for 2023 were 466.60 billion US dollars, a 26.53% decline from 2022.

<ul style='margin-top:20px;'>

<li>Russia exports for 2022 were <strong>635.07 billion US dollars</strong>, a <strong>15.72% increase</strong> from 2021.</li>
<li>Russia exports for 2021 were <strong>548.80 billion US dollars</strong>, a <strong>44.02% increase</strong> from 2020.</li>
<li>Russia exports for 2020 were <strong>381.07 billion US dollars</strong>, a <strong>20.84% decline</strong> from 2019.</li>
</ul>Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

Statistics illustrates the import volume of Wire Rod Used for Concrete Reinforcing in Russia from Jan 2019 to May 2025 by trade partner.

Turkey Exports to Russia was US$8.56 Billion during 2024, according to the United Nations COMTRADE database on international trade. Turkey Exports to Russia - data, historical chart and statistics - was last updated on June of 2025.

Germany Exports to Russia was US$8.44 Billion during 2024, according to the United Nations COMTRADE database on international trade. Germany Exports to Russia - data, historical chart and statistics - was last updated on June of 2025.

Russia Exports to United States was US$17.75 Billion during 2021, according to the United Nations COMTRADE database on international trade. Russia Exports to United States - data, historical chart and statistics - was last updated on June of 2025.

Sweden Exports to Russia was US$905.22 Million during 2024, according to the United Nations COMTRADE database on international trade. Sweden Exports to Russia - data, historical chart and statistics - was last updated on May of 2025.

Ukraine Exports to Russia was US$22.2 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 June of 2025.

India Imports from Russia was US$67.15 Billion during 2024, according to the United Nations COMTRADE database on international trade. India Imports from Russia - data, historical chart and statistics - was last updated on June of 2025.