Russian Federation Balance of Trade

Last Release

May 31, 2025

Actual

8,720

Units In

USD Million

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.