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Russian Federation Balance of Trade
Last Release
May 31, 2025
Actual
8,720
Units In
USD Million
Previous
9,040
Frequency
Monthly
Next Release
Aug 12, 2025
Time to Release
30 Days 12 Hours
Highest | Lowest | Average | Date Range | Source |
26,720 Dec 2021 | -203 Feb 1998 | 9,679.22 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 recorded a trade surplus of $8.7 billion in May of 2025, narrowing from the $12.1 billion surplus in the corresponding period of the previous year. Exports slumped by 9.7% from the previous year to $33.1 billion, the fourth consecutive month of lower foreign sales as lower oil prices and softer commodity demand from Russia's key trading partner, China, pared buying from Russia's key industries that are shunned from commerce with the West. In turn, imports dropped by 0.4% to $24.4 billion, halting two straight import expansions.
Russian Federation Balance of Trade History
Last 12 readings