Russian Federation Balance of Trade

Last Release

Aug 31, 2025

Actual

7,466

Units In

USD Million

13,170

Frequency

Monthly

Next Release

Nov 12, 2025

Time to Release

28 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
26,720 Dec 2021	-203 Feb 1998	9,681.8 USD Million	1996-2025	Central Bank of Russia

Russia has been running regular trade surpluses since 1998 primarily due to high exports of commodities like crude oil and natural gas. In 2015, trade surplus narrowed significantly, led by the plunge in oil prices and sanctions imposed by Europe and US over Ukraine crisis. In 2015, the biggest trade surpluses were recorded with: Netherlands, Turkey, Italy and Japan. The biggest trade deficits were recorded with: China, the United States and France.

Latest Updates

Russia’s trade surplus narrowed to $7.47 billion in August 2025, down from $8.65 billion a year earlier. Exports fell 8.9% year-on-year to $31.53 billion, the lowest level since January, mainly due to weaker demand from China, which cut its crude oil purchases during the month. Imports also dropped by 7.3% to $24.06 billion, reflecting subdued domestic demand and the impact of Western sanctions that continue to limit access to foreign goods and technology.